It was announced by Banking Regulation and Supervision Agency (BRSA) on September 16, 2002 that:
The studies for developing a strategy for resolving the ownership of Yapi Kredi Bank (which continues its activities under the ownership of its current shareholders but whose partnership rights except dividend rights are being used by SDIF) will continue until the Council of State reaches a verdict on Pamukbank T.A.T regarding the demand of its previous shareholders for suspension of enforcement of the takeover by SDIF. Further, the dialogues and studies regarding the restructuring of Cukurova Group's debts to Yapi Kredi Bank and Pamukbank continue.
Yapı Kredi / 17 Sep 2002