Basic HTML Version
84
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL
STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
SECTION ONE
GENERAL INFORMATION ABOUT THE BANK
I. BANK’S DATE OF ESTABLISHMENT, BEGINNING STATUTE, ITS HISTORY INCLUDING CHANGES ON ITS STATUTE
Arap Türk Bankası Anonim Şirketi (“the Bank”) has been established on 11 August 1975 as a joint stock entity in accordance with
an agreement signed between the Republic of Turkey and the Libyan Arab Republic. The duration of the Bank is 50 years from the
commencement of the Agreement. This period shall be renewable automatically unless agreed otherwise by an Extraordinary General
Meeting held at least one year prior to expiration.
In accordance with the Articles of Association, the Board of Directors shall elect a Chairman among its Turkish members and a Deputy
Chairman among its Arab members. The General Manager shall always be nominated by the Arab Shareholders assigned by the
Board.
II. BANK’S SHARE CAPITAL STRUCTURE, SHAREHOLDERS DIRECTLY OR INDIRECTLY, ALONE OR TOGETHER HOLDING
THE MANAGEMENT AND CONTROL OF THE BANK, RELATED CHANGES WITHIN THE YEAR AND INFORMATION
ABOUT BANK’S GROUP
The Bank is a foreign bank status incorporated in Turkey. The main shareholder Libyan Foreign Bank is %100 owned by Central Bank
of Libya. The main shareholder Libyan Foreign Bank has financial investments in various countries.
The other shareholders are Türkiye İş Bankası A.Ş., and T.C. Ziraat Bankası A.Ş.
As of 31 December 2013, the Bank’s share capital at the balance sheet date as follows:
Shareholders
Share amounts
Share percentages
Libyan Foreign Bank
149,687
%62.37
T. İş Bankası A.Ş.
49,382
%20.58
T.C. Ziraat Bankası A.Ş.
37,036
%15.43
Kuwait Investment Co.
3,895
%1.62
Total
240,000
%100
(*) Emek İnşaat ve İşletme A.Ş. has %0,0000014 share in the paid capital by 3,38 TL (full digit in TL).
ARAP TÜRK BANKASI A.Ş.
NOTES TO UNCONSOLIDATED FINANCIAL STATEMENTS
AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )