According to the information given by two banking sources close to the subject to Reuters, Halkbank, Vakıfbank and Ziraat Bank will make a total injection of approximately 20 billion TL in the 7.5 and 5 billion lira band.
A banking source said that Treasury and Finance Minister Berat Albayrak stated that a capital increase will occur in a very short time at the meeting held with foreign investors two days ago.
“We expect the public regulation of public banks to be published until the beginning of next week,” the second source said.
“The capital increase will be approximately TL 20 billion, with a 7.5 billion TL and 5 billion TL band,” said the same source.
Vakıfbank and Halkbank shares are traded at the stock exchange. Analysts state that the expectation of capital increase is effective in the increase in shares. Reuters
