Announcement regarding the inquiry initiated by Turkish Competition Authority
Announcement regarding the inquiry initiated by Turkish Competition Authority
Pursuant to the resolution dated August 19, 2009 numbered 09-36/919 – M and the resolution dated August 24, 2009 numbered 09-37/924 – M, it is resolved by Turkish Competition Authority, to hold an inquiry against 8 Turkish banks including T.Garanti Bankası A.Ş. in accordance with the provisions of Law on the Protection of Competition (Law No. 4054) with respect to the claim regarding the collaboration of such banks in the benefits proposed under the business of salary payments by the public institutions and/or companies.