Turkiye Garanti Bankasi : Lawsuit abroad to which the Bank is a party

Lawsuit abroad to which the Bank is a party

Lawsuit abroad to which the Bank is a party

With the public disclosures referenced above, it was announced that; the Grande Tribunal of Paris responsible for financial institutions rendered its decision in a litigation matter where our Bank is listed as one of the defendants, as a result, a judicial fine together with the indemnification of public loss were imposed upon our Bank, our Bank filed an appeal against such decision, the Appeal Court approved the decision of the Grande Tribunal of Paris and our Bank filed an appeal against the decision of the Appeal Court to the High Court in France.