In the Annual General Meeting held on March 31, 2006;
The agreements specified in articles 3-9 of the Annual General Meeting Agenda have been approved.
The financial statements as of and for the year ended December 31, 2005 were approved. The Board of Directors were authorized to net-off 2005 and prior years' loss from Other Capital Reserves in line with the rules set forth by the Banking Regulation and Supervision Agency. Number of the Board of Directors members were determined as 10 and Dr. Rüşdü Saraçoğlu, Seyit Kemal Kaya, F. Füsun Akkal Bozok, Halil Sedat Ergür, Ahmet Fadıl Ashaboğlu, Andrea Moneta, Ranieri de Marchis, Federico Ghizzoni, Henning Giesecke and Marco Iannaccone have been elected as board members; M. Erkan Özdemir and Adil G. Öztoprak have been elected as statutory auditors until the Annual General Meeting that will be held regarding 2006 financial statements.
It was agreed to raise the capital of the Bank by an amount of YTL 1,144,317,800.62 from YTL 752,344,693.18 to YTL 1,896,662,493.80 by the addition of subsidiary shares sale proceeds to the capital, to amend article 8 of the Articles of Association and to add a provisional article to the Articles of Association regarding dematerialization of capital market instruments.
Yapı Kredi / 03 Apr 2006