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66 A&T BANK ANNUAL REPORT 2015
ARAP TÜRK BANKASI ANONİM ŞİRKETİ
NOTES TO UNCONSOLIDATED FINANCIAL STATEMENTS
AT 31 DECEMBER 2015
(AMOUNTS EXPRESSED IN THOUSANDS OF TURKISH LIRA (“TL”) UNLESS OTHERWISE STATED. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
General Manager and Deputies
Name
Job Title – Description
Abdulhakim A. E. Khamag
Member of the Board of Directors and General Manager
Salih Hatipoğlu
Assistant General Manager - Financial Management and Planning Division
Abdulmonam Geat Ali Tbigha
Assistant General Manager - Credits Division
Abdussalam Elfituri B. Abushagur
Assistant General Manager - Information Technologies and Operations Division
Emel Güneş Atagün
Assistant General Manager - Treasury and Financial Institutions Division
Members of the board and top level managers do not possess any share in the Bank.
IV. INFORMATION ON PEOPLE AND ENTITIES WHO HAVE QUALIFIED SHARE IN THE BANK
Name Surname/Entity Title
Share Amount
Share
Percentage % Paid-in Capital Unpaid Capital
Libyan Foreign Bank
274,426
62.37
274,426
-
T. İş Bankası A.Ş.
90,534
20.58
90,534
-
T.C. Ziraat Bankası A.Ş.
67,900
15.43
67,900
-
V. INFORMATION ABOUT THE SERVICES AND NATURE OF ACTIVITIES OF THE BANK
The Bank was established to incorporate commercial activities among Turkey, Middle East and North African countries.
The Bank is authorized to collect deposits and operates in corporate banking areas. The Bank has seven branches; three
in Istanbul, one in Ankara, one in Kayseri, one in Konya and one in Gaziantep and has share participations in a subsidiary
operating in financial leasing business.
VI. DIFFERENCES BETWEEN THE COMMUNIQUE ON PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
OF BANKS AND TURKISH ACCOUNTING STANDARDS AND SHORT EXPLANATION ABOUT THE ENTITIES SUBJECT
TO FULL CONSOLIDATION OR PROPORTIONAL CONSOLIDATION AND ENTITIES WHICH ARE DEDUCTED FROM
EQUITY OR ENTITIES WHICH ARE NOT INCLUDED IN THESE THREE METHODS
There is no difference for the Bank between the consolidation process according to the Turkish Accounting Standards
and the Communiqué of the Preparation of Consolidated Financial Statements of Banks in Turkey.
VII. THE EXISTING OR POTENTIAL, ACTUAL OR LEGAL OBSTACLES ON THE TRANSFER OF SHAREHOLDERS’
EQUITY BETWEEN THE BANK AND ITS SUBSIDIARIES OR THE REIMBURSEMENT OF LIABILITIES
Immediately transfer of the shareholder’s equity between the Bank and its subsidiary is not available. Dividend
distribution from shareholders’ equity is done according to related regulations.
There are no existing or potential, actual or legal obstacle to the reimbursement of liabilities between the Bank and its
subsidiary. The Bank charge or pay cost of the services according to the service agreements done between the Bank and
its subsidiary.