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Resource utilization support fund(RUSF) audit

Fri, 6th Jan 2017 07:00

RNS Number : 5190T
Turkiye Garanti Bankasi
06 January 2017

TO: Investment Community

FROM : Garanti Bank / Investor Relations

SUBJECT: Announcement regarding Resource Utilization Support Fund(RUSF) Audit

DATE: January 6, 2017

As a result of the tax audit which was carried out by the inspectors of the Tax Inspection Board Istanbul Large Scale Taxpayers Group, with regards to the potential RUSF out of fees received from the retail loan customers, a tax audit report has been prepared for the year 2011. According to the notification submitted to our Banks, the total RUSF claim, including principal and late interest payment amounts to TL 15,859,749.78.

Our Bank will take all legal actions against the abovementioned report and further developments will be disclosed to the public.

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

We declare that our above statements are in conformity with the principles included in the Board's Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.

Yours sincerely,

Garanti Bank

Contact Garanti Bank Investor Relations:

Tel: +90 212 318 2352
Fax: +90 212 216 5902
E-mail: investorrelations@garanti.com.tr

www.garantiinvestorrelations.com

This information is provided by RNS
The company news service from the London Stock Exchange
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