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Convenience Translation of Publicly Announced Unconsolidated Financial
Statements Originally Issued in Turkish, See Note I of Section Three
Arap Türk Bankası A.Ş.
Notes to Unconsolidated Financial
Statements at 31 December 2014
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
General Information
Corporate Management
Financial Information
Information on the privileges given to stocks representing the capital
The share capital can be increased or decreased one or more times. Such an increase may be accomplished through the transfer of
monies from the reserves to the capital account and the issuance of “bonus” shares in consequence thereof.
Every shareholder shall have the preferential (pre-emptive) right to subscribe for a proportion of new shares corresponding to
the number of shares held by him and such right may be exercised within a period of thirty days from the date of receipt by each
shareholder of an invitation to the shareholders to that effect. Such invitation shall be made by registered mail to the address contained
in the share register.
These preferential (pre-emptive) rights may only be assigned by approval of the Board of Directors upon the favourable vote of 80%
of the members, present or represented.
New shares may not be issued at a price less than the nominal value of the original shares issued.
Fractional shares shall be allocated by the Board of Directors.
The Bank may not finance the acquisition of its own shares whether dire.
Arabian shareholders are treated under the same legislation with Turkish citizens. This includes the transfer of distributed other
revenues, guarantees, shares, dividends. And in a similar manner Arabian shareholders are benefited and protected by law No.6224,
Foreign Capital Incentive Law.
Information on marketable securities value increase fund
The Bank does not have marketable securities value increase fund.
Information on legal reserve
As decided in the annual general meeting which is held on 28 March 2014, in the current period, amount of TL 2,533 have been
transferred to legal reserves from profits of previous years according to 519
th
amendment of Turkish Commercial Code no 6102
(31 December 2013: TL 2,916).
Information on minority shares
None.