Permanent Capital Increase Move from Hedef Investment Bank

Capital Increase Process at Hedef Investment Bank

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

Diversification of Financing Sources

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

Successful Financing Bond Issuance

Hedef Investment Bank has successfully completed a financing bond issuance that attracted demand beyond the planned amount as part of its goal to diversify financing sources. The issuance, initially targeted at 100 million TL, was successfully completed with a nominal amount of 150 million TL. Additionally, the bank's investment grade credit rating has been raised by one notch to A-.

Bank's Future Vision

Evaluating the capital increase process, Hedef Holding's Board Chairman Namık Kemal Gökalp stated that the bank will diversify its investment banking products by 2025. Gökalp emphasized, "With the capital increase we need, we plan to strengthen our asset and equity structure by focusing on SME financing." He also pointed out that the upcoming year will be one where all stakeholders seeking financial solutions in the corporate segment will be addressed with digital capabilities.