According to the data of the Banks Association of Turkey, , the fastest growing bank in Turkey in 2008, Aktif Bank, adding a new innovative product, will perform the issuance of bank bonds for the first time in our country....

According to the data of the Banks Association of Turkey, , the fastest growing bank in Turkey in 2008, Aktif Bank, adding a new innovative product, will perform the issuance of bank bonds for the first time in our country....

The nominal amount of bank bonds, which will be issued by Aktif Bank without offering to the public, operating in the Çalık Group, will be 35 million Turkish Liras. Although the sale of bank bonds to be issued is as a private placement, buyer, interest rate and term of sales will be determined at the time of selling. Thus, for the first time in Turkey, buyers of bank bonds sold in a private placement, will be designated freely at the time of selling.

Bank bonds, with similar characteristics with treasury bonds in the process of purchase, offers many advantages such as maturity and interest rate flexibility, and that it can be kept in the Central Registry Agency, which treasury bonds lack.

Investors that will buy bank bonds;

will gain high returns on TL savings,

will be assured by Aktif Bank, which was established in Turkey, and whose activities are subject to the supervision by the Banking Regulation and Supervision Agency,

*Bank bonds they buy will be stored in a secure manner because they will be stored in Central Registry Agency Inc. because the eyes are stored in a secure manner,

will be able to receive a share of the high returns earned by investment banks,

will have a liquid investment because the maturity of bank bonds can be lowered up to 15 days, can be subjected to repo and reverse repo transactions, and can be purchased before maturity by Aktif Bank.

Dr. Önder HALİSDEMİR, Aktif Bank's General Manager, said: "we are proud to contribute to the development of capital markets, while providing our investors with high-yielding and safe investment tool. I firmly believe that the private sector debt instruments will expand and the further expansion of them is needed in a way to cover the companies“ regarding the issuance of bank bonds to be done.

* According to data of the Banking Regulation and Supervision Agency, In 2008, ROA of development and investment banks was 4.5%, return on assets of commercial banks was just 1.9%. (BRSA Financial Markets Report December 2008)