ANKARA (A.A) - 13.06.2002 - The Banking Regulation and Supervision Agency (BRSA) announced on Thursday that it had concluded evaluation of banks' financial accounts.
Releasing a statement, BRSA said that it had determined that the banks within scope of the economic programme required a total of 1 quadrillion 326 trillion Turkish liras (TL) of capital as of end of 2001.
Noting that 1 quadrillion 102 trillion of this requirement had been met by banks, BRSA said that talks with the owners of relevant banks on closing of the remaining 224 trillion TL of gap were under way.
SEKERBANK NEEDS 28.9 TRILLION LIRAS OF CAPITAL
BRSA Chairman Engin Akcakoca said on Thursday that only Sekerbank among the banks of which shares were quoted and transacted at the Istanbul Stock Exchange (IMKB), required a 28 trillion 897 billion Turkish liras (TL) of capital.
Sending a statement to the IMKB, Akcakoca said that they had informed bank the same day that it should increase its capital.
SEKERBAK TO INCREASE ITS CAPITAL
Sekerbank will increase its capital by at least 30 trillion Turkish liras (TL).
After the Banking Regulation and Supervision Agency (BRSA) announced that Sekerbank needed a 28 trillion 897 billion TL capital increase, Sekerbank sent a statement to the Istanbul Stock Exchange (IMKB).
Sekerbank of which shares are quoted and transacted at the IMKB said it would increase its capital by at least 30 trillion TL.