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Investigation by the Competition Board

9th Mar 2011 07:00

RNS Number : 5781C
Turkiye Is Bankasi
08 March 2011
 



08.03.2011Regarding the investigation carried out by the Competition Board

 

Regarding the investigation carried out by the Competition Board (pursuant to the Board Decisions dated 19.08.2009 and numbered 09-36/919-M and dated 24.08.2009 and numbered 09-37/924-M) into 8 banks, including Turkiye Is Bankasi A.S., it has been decided, with the possibility of recourse to the Council of State, that Turkiye Is Bankasi A.S. shall be given administrative fines amounting to 12,987,340.00 TL.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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