Hearing for the Investigation concerning 13 banks Operating in Corporate Loan Business to be held on November 14, 2017 (3.10.2017)

The investigation conducted in accordance with the Board decision dated 20.04.2016 and no 16-14/219-M, concerning Bank of Tokyo-Mitsubishi UFJ Turkey A.Ş., Citibank A.Ş., Deutsche Bank A.Ş., HSBC Bank A.Ş., ING Bank A.Ş., JPMorgan Chase Bank N.A. Istanbul Branch, Merrill Lynch Yatırım Bank A.Ş., Société Générale S.A. Turkey Istanbul Branch, Standard Chartered Yatırım Bankası Türk A.Ş., Sumitomo Mitsui Banking Corporation, The Royal Bank of Scotland Plc. Istanbul Branch, Türk Ekonomi Bankası A.Ş. and UBS AG, in order to determine whether the banks providing loans to corporate customers in Turkey violated article 4 of the Act no 4054 by means of sharing the information about loan terms reached the hearing stage. The hearing will be held on Tuesday, November 14, 2017, at 10:00 am.

In accordance with the "Communiqué on Hearings Held before the Competition Board", complainants and third parties who wish to attend the meeting should apply to the Competition Authority together with a petition including the information and documents which establish their interest in the subject matter of the meeting until the end of the working hours on Monday, November 6, 2017.

Respectfully submitted for the information of the public.