Donation and Contribution Policy

​As mentioned in the AGM Information document prepared for the shareholders "In accordance with clause 5 of the article 19 of Capital Markets Law, donation limit of the Bank should be submitted for the approval of the General Assembly. According to the Banking Law, the banks can make donations up to maximum 0.4% of their equity in a financial year and it is expected that a proposal which takes into account the provisions of Banking Law for the donation limit be made at the General Assembly." In our Annual General Meeting on March 28, 2013, in accordance with article 59 of Banking Law the proposal was put to vote for our bank to donate up to 0.4% of its equity and decided by majority of the votes.​​