The Undersecretariat of Treasury holds all of the Bank’s shares. Neither the chair nor the members of the Board of Directors nor the general manager nor any deputy general manager owns shares in the Bank.
Developments Regarding the Capital
As approved at the Extraordinary General Assembly convened on 12 January 2017, Türk Eximbank switched to the “Registered Capital System” in accordance with the Turkish Commercial Code no. 6102. The decision was registered with the trade registry and promulgated in the Turkish Trade Registry Gazette issue 9252 dated 30 January 2017.
At the Bank’s Ordinary General Assembly Meeting convened on 05 June 2024, the Bank’s registered capital ceiling was increased from TL 50 billion to TL 120 billion.
Through a cash capital injection of TL 15.1 billion in total in February and March 2024, which were carried out by the Republic of Türkiye Ministry of Treasury and Finance, the Bank’s paid-in capital was raised from TL 20.6 billion to TL 35.7 billion.
Furthermore, TL 19.6 billion was transferred from extraordinary reserves and the Bank’s paid-in capital was increased to TL 55.3 billion based on an amendment to the Articles of Association in October 2024. Capital increase procedures have been completed, and thus, our Bank’s robust capitalization continued to be preserved.
