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CURRENT VERSION
ARTICLE 4- HEAD OFFICE AND BRANCHES
The Bank’s Head Office is in Istanbul. The Bank may open
branches or representative offices in Turkey and abroad and
cooperate with correspondents wherever needed.
ARTICLE 6- CAPITAL
The amount of the authorised and issued Capital of the Bank is
YTL. 240.000.000. This capital is divided into 24.000.000.000
shares of 1 New Kuruş each.
The former capital in the amount of YTL. 89.000.000 has been
fully paid- up.
All of the YTL 151.000.000 increased capital shall be paid by
the shareholders in cash within three months from the date of
registration.
Shareholders shall be assigned free shares in proportion with
their present shareholding for the additional capital.
The shares of the Bank shall be registered and the ownership of
each share shall be entered in the Bank’s share register.
Each share conveys upon its owner equal rights to vote and
to receive related dividends and to share in distribution of the
proceeds upon liquidation according to its nature.
The certificate will necessarily include the following:
1. The name of the Bank and a statement that the Bank
has been established in accordance with the Agreement
between Libyan Arab Republic and the Republic of Turkey
dated 11.8.1975.
2. The amount of the authorised capital.
3. The nominal value of the share, its nature and its number.
4. The name of its owner.
5. The sum paid up or a statement to the fact that it is fully paid
up.
6. The registration date of the Bank in the Commercial Registry.
7. The signature of two officers appointed by the Board of
Directors, which signatures may be printed facsimiles in
accordance with the Law.
NEW VERSION
ARTICLE 4- HEAD OFFICE AND BRANCHES
The Bank’s Head Office is in Istanbul. Its address is: Valikonağı
Caddesi No:10 Nişantaşı, 34367, Şişli/İstanbul. The Bank may
open branches or representative offices in Turkey and abroad
and cooperate with correspondents.
ARTICLE 6- CAPITAL
The amount of the share capital of the Bank is TL. 240.000.000,
fully paid in cash. This capital is divided into 24.000.000.000
shares of nominal value TL 0,01 each.
The shares of the Bank shall be registered and the ownership of
each share shall be entered in the Bank’s share register.
Each share conveys upon its owner equal rights to vote and
to receive related dividends and to share in distribution of the
proceeds upon liquidation according to its nature.
The certificate will necessarily include the following:
1-The name of the Bank and a statement that the Bank has
been established on 1 April 1977 in accordance with the
Agreement between Libyan Arab Republic and the Republic
of Turkey dated 11.8.1975.
2-The amount of the share capital.
3-Amount of share capital at the time share certificate is issued.
4-The nominal value of the share, its nature, series and its
number and the number of shares it contains and the date of
its registration.
5-The name, surname or trade name of its owner, his place of
residence.
6-The sum paid up or a statement to the fact that it is fully paid
up.
7-The registration date of the Bank in the Commercial Registry.
8-The signature of two officers appointed by the Board of
Directors, which signatures may be printed facsimiles in
accordance with the Law.
The final certificates of the shares in capital increases shall be
handed over to the shareholders within three months from the
effective date of capital increase.
Amendments to the Articles of
Association