Commercial Bank Confirms Completion of "Put Option" for Acquisition of Remaining 25% in Abank

December 20, 2016

Commercial Bank (P.S.Q.C.) confirms completion of the put option for the acquisition of the remaining 25% shareholding in Alternatifbank A.Ş from Anadolu Endüstri Holding A.Ş. on 19 December 2016 for USD 224,913,332. Alternatifbank A. Ş. is now a 100% subsidiary of The Commercial Bank (P.S.Q.C.).