Permanent Capital Increase Move by Hedef Investment Bank

Capital Increase Process at Hedef Investment Bank

Hedef Investment Bank has achieved an important milestone as part of its capital strengthening steps in line with its 2025 targets. With the approval of the Banking Regulation and Supervision Agency (BDDK), Hedef Investment Bank has completed the process of increasing its registered capital ceiling from 2.5 billion TL to 7.5 billion TL. The paid-in capital increase approved by BDDK 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 numerous practices aimed at improving its operational and financial structure throughout the year. The successful performance of its group companies İnfo Investment and Hedef Portfolio has made a positive contribution to the overall appearance of the consolidated structure. The bank has particularly increased its capacity in the areas of portfolio management, custody, and fund operations.

Successful Financing Bond Issuance

In order to diversify financing sources, Hedef Investment Bank successfully completed a financing bond issuance that attracted demand above 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 was raised by one notch to A-.

Bank's Future Vision

Commenting on the capital increase process, Hedef Holding Chairman of the Board Namık Kemal Gökalp stated that the bank aims to diversify its investment banking products by 2025. Gökalp said, "With the capital increase we need, we plan to focus on SME financing, strengthening our asset and equity structure." He also emphasized that the new year will be a year in which all stakeholders seeking financial solutions in the corporate segment will be responded to with digital capabilities.