Legal Framework for Interest-Free Banking Operations at Our Bank

An overview of the interest-free financing principles and fundamental products and services that our Bank, Türkiye Sinai Kalkınma Bankası A.Ş., offers to its commercial and corporate clients.

Our banking operations at Türkiye Sanayi Kalkınma Bankası A.Ş. (TSKB) are conducted within the framework of the provisions of the Regulation on Credit Transactions of Banks, prepared based on the Banking Law No. 5411 and the relevant articles of this law.

Under the first paragraph of Article 16 of the Regulation on Credit Transactions of Banks, participation banks' fund utilization methods are specified as follows:

a) Sales Methods

b) Leasing Methods

c) Participation Methods

d) Agency Methods

e) Other

Furthermore, in the tenth paragraph of the same Regulation, the following provision is included:

"Development and investment banks may provide financing to their clients through the methods listed in the first paragraph, as long as they comply with the provisions of this article and the regulations issued based on these provisions, and that such financing is exclusively limited to the resources they have obtained through interest-free methods."

Additionally,

Article 15 of the Communiqué on Compliance with the Interest-Free Banking Principles and Standards specifies other requirements that development and investment banks must adhere to.

Accordingly, within the framework of the aforementioned Law, Regulation, and Communiqué, our Bank offers fund utilization services to its commercial and corporate clients using methods compliant with the standards and principles of interest-free banking. Detailed information on types and applications of the these fund utilization products can be found in the Customer Information Forms available on our Bank's website under the Corporate Loans tab.

Best Regards

Türkiye Sinai Kalkınma Bankası A.Ş.