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Turkiye Is Bankasi AS (ISCTR.IS)

ISCTR.IS on Istanbul Stock Exchange

5.57TRY
18 Feb 2019
Change (% chg)

-0.07TL (-1.24%)
Prev Close
5.64TL
Open
5.64TL
Day's High
5.68TL
Day's Low
5.50TL
Volume
42,516,623
Avg. Vol
43,723,547
52-wk High
7.77TL
52-wk Low
3.73TL

Latest Key Developments (Source: Significant Developments)

Is Bankasi FY Net Profit Rises To 6.77 Billion Lira
Friday, 8 Feb 2019 

Feb 8 (Reuters) - TURKIYE IS BANKASI AS ::FY NET PROFIT OF 6.77 BILLION (NOT MILLION) LIRA VERSUS 5.31 BILLION LIRA YEAR AGO.FY NET FEE AND COMMISSION INCOME 4.41 BILLION LIRA VERSUS 3.37 BILLION LIRA YEAR AGO.FY NET INTEREST INCOME OF 17.05 BILLION LIRA VERSUS 13.21 BILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END-DEC 11.19 BILLION LIRA.  Full Article

Is Bankasi Releases Guidance For 2019
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - TURKIYE IS BANKASI AS ::SEES LOAN GROWTH AT 9-10 PERCENT IN 2019.SEES NPL RATIO AT AROUND 6 PERCENT IN 2019.SEES NET FEES & COMMISSIONS GROWTH TO BE MORE THAN 20 PERCENT IN 2019.SEES NET INTEREST MARGIN (SWAP ADJUSTED) TO BE AT 3.3 - 3.5 PERCENT IN 2019.SEES DEPOSIT GROWTH TO BE AT 19 - 20 PERCENT IN 2019.SEES OPEX GROWTH TO BE AT AROUND 20 PERCENT IN 2019.SEES SLIGHT DECREASE IN NUMBER OF STAFF IN 2019.SEES AROUND 80 BRANCHES TO BE CLOSED IN 2019.SEES TIER 1 RATIO TO BE MORE THAN 12 PERCENT, CAPITAL ADEQUACY RATIO TO BE MORE THAN 15 PERCENT IN 2019.SEES TOTAL OPERATING INCOME GROWTH TO BE AT AROUND 6-7 PERCENT IN 2019.  Full Article

Turkish banking sector NPL Ratio 3.70 Percent -BDDK banking watchdog
Monday, 31 Dec 2018 

Dec 31 (Reuters) - :TURKISH BANKING SECTOR JAN-NOV PROFITS: 50.7 BILLION LIRA -BDDK BANKING WATCHDOG.TURKISH BANKING SECTOR NPL RATIO: 3.70 PERCENT -BDDK BANKING WATCHDOG.  Full Article

Turkiye Is Bankasi Authorizes The Head Office To Purchase Free Float Shares Of Its Units Up To Max. Amount Of 250.0 Mln Lira
Monday, 24 Dec 2018 

Dec 25 (Reuters) - TURKIYE IS BANKASI ::REPORTED ON MONDAY AUTHORIZES THE HEAD OFFICE UNTIL THE END OF 2019 STARTING FROM THE RESOLUTION DATE TO PURCHASE FREE FLOAT SHARES OF LISTED SUBSIDIARIES NAMELY; T. ŞIŞE VE CAM FABRIKALARI A.Ş., TÜRKIYE SINAI KALKINMA BANKASI A.Ş., ANADOLU HAYAT EMEKLILIK A.Ş., IŞ FINANSAL KIRALAMA A.Ş., IŞ GAYRIMENKUL YATIRIM ORTAKLIĞI A.Ş. AND IŞ YATIRIM MENKUL DEĞERLER A.Ş., UP TO A MAXIMUM TOTAL PURCHASE AMOUNT OF 250 MILLION TURKISH LIRA .SAYS THIS AUTHORIZATION DOES NOT CONSTITUTE AN UNDERTAKING AND IT HAS BEEN GIVEN IN ACCORDANCE WITH THE INTERNAL PROCEDURES OF OUR BANK.  Full Article

Is Bankasi Says Deputy Chief Executive Ergun Yorulmaz Retires
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - TURKIYE IS BANKASI AS ::DEPUTY CHIEF EXECUTIVE ERGUN YORULMAZ HAS LEFT HIS DUTY DUE TO HIS RETIREMENT.  Full Article

Is Bankasi Signs Syndicated Loan Agreement Worth EUR 605.0 Mln And $276 Mln With 367-Day Tranche
Friday, 19 Oct 2018 

Oct 19 (Reuters) - TURKIYE IS BANKASI AS ::SIGNS SYNDICATED LOAN AGREEMENT WORTH 605 MILLION EUROS AND $276 MILLION.THE ALL-IN COST FOR THE HIGHEST PARTICIPATION LEVEL OF EACH TRANCHE IS LIBOR+2,75% AND EURIBOR+2,65%.SYNDICATED LOAN WITH MATURITY OF 367 DAYS TO BE USED FOR TRADE FINANCE PURPOSES.  Full Article

Is GYO Says Used Loan Worth 50 Million Lira With 6 Months Tranche From Is Bankasi
Friday, 28 Sep 2018 

Oct 1 (Reuters) - IS GAYRIMENKUL YATIRIM ORTAKLIGI AS ::SAID ON FRIDAY USED LOAN WORTH 50 MILLION LIRA WITH 6 MONTHS TRANCHE FROM IS BANKASI.  Full Article

Is Bankasi To Issue Subordinated Debt Securities Up To 5.00 Billion Lira
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - TURKIYE IS BANKASI AS ::TO ISSUE SUBORDINATED DEBT SECURITIES UP TO 5.00 BILLION LIRA TO QUALIFIED INVESTORS DOMESTICALLY.  Full Article

Is Bankasi Q2 Net Profit Rises To 1.53 Billion Lira
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - TURKIYE IS BANKASI AS ::Q2 NET PROFIT OF 1.53 BILLION LIRA VERSUS 1.24 BILLION LIRA YEAR AGO.Q2 NET INTEREST INCOME OF 4.25 BILLION LIRA VERSUS 3.21 BILLION LIRA YEAR AGO.Q2 NET FEE AND COMMISSION INCOME 1.07 BILLION LIRA VERSUS 817.0 MILLION LIRA YEAR AGO.NON-PERFORMING LOANS AT END OF JUNE 7.36 BILLION LIRA.  Full Article

Is Bankasi To Increase Paid In Capital Of JSC Isbank Georgia By $16 Million
Friday, 20 Jul 2018 

July 20 (Reuters) - Turkiye Is Bankasi AS ::TO INCREASE THE PAID IN CAPITAL OF JSC ISBANK GEORGIA WHICH OPERATES IN GEORGIA, BY USD 16 MILLION.HEAD OFFICE HAS BEEN AUTHORIZED TO USE PREFERENTIAL RIGHTS AMOUNTING TO USD 16 MILLION DUE TO THE CAPITAL INCREASE.  Full Article

UPDATE 2-OTAS shares in Turk Telekom transferred to SPV -three banks

ISTANBUL, Dec 22 Turk Telekom shares previously held by Ojer Telekom (OTAS) have been moved to a special purpose vehicle, three Turkish banks said on Saturday, setting the company up for new owners after the majority shareholder missed several payments.