Permanent Capital Increase Move by Target Investment Bank

Hedef Investment Bank's Capital Increase Process

Hedef Investment Bank has taken another significant step towards strengthening its capital as part of its goals for 2025. With the approval of the Banking Regulation and Supervision Agency (BRSA), Hedef Investment Bank has completed the process of raising its registered capital ceiling from 2.5 billion TL to 7.5 billion TL. The paid-in capital increase approved by the BRSA has been raised from 1.5 billion TL to 3 billion TL.

Diversification of Financing Sources

In parallel with the capital increase, Hedef Investment Bank has implemented many applications aimed at improving its operational and financial structure throughout the year. The successful performance of the group companies İnfo Investment and Hedef Portfolio has positively contributed to the overall outlook of the consolidated structure. The bank has particularly increased its capacity in the areas of portfolio management, custody, and fund operations.

Successful Bond Issuance

Hedef Investment Bank successfully completed a bond issuance to diversify its financing sources, attracting demand exceeding the planned amount. Initially targeted at 100 million TL, the issuance was successfully completed with a nominal amount of 150 million TL. Additionally, the bank's investment-grade credit rating has been elevated by one notch to A-.

The Bank's Future Vision

Evaluating the capital increase process, Hedef Holding Board Chairman Namık Kemal Gökalp stated that the bank plans to diversify its investment banking products by 2025. Gökalp emphasized, "With the capital increase we need, we aim to strengthen our assets and equity structure focusing on SME financing." He also highlighted that the coming year will be one in which the bank will respond to all stakeholders seeking financial solutions in the corporate segment with digital competencies.