A brand new financial institution was established in Turkey. The choice was revealed within the Official Gazette

The Banking Regulation and Supervision Company (BDDK) licensed the institution of an funding financial institution with the title “Q Yatırım Bankası AŞ”.

The choice of the BRSA on the topic was revealed within the Official Gazette.

Once we have a look at the choice revealed within the Official Gazette dated October 14, 2022, it’s said that the permission for the institution of a brand new financial institution in Turkey has been given, and the financial institution’s companions and its founding capital are additionally included.

Right here is the complete textual content of the choice issued by the BRSA and revealed in at the moment’s concern of the Official Gazette:

“On account of the examination of the letter dated 11.10.2022 and numbered …. despatched within the annex of the agenda letter of the Presidency of the Board dated 11.10.2022 and its annexes;

The data and paperwork obtained throughout the scope of Article 4 of the Regulation on Transactions Topic to Permission and Oblique Shareholding of Banks, and the examination and analysis made throughout the scope of Articles 7 and eight of the Banking Legislation (Legislation) numbered 5411, throughout the framework of the authority given within the second paragraph of the identical article concerning the mentioned data and paperwork. Consequently, in accordance with the sixth article of the regulation, the founding companions Ali Ercan, Bien Finans Faktoring AŞ, Gezinomi Seyahat Turizm Ticaret AŞ, Allbatross Enterprise Capital Funding Belief AŞ and Q Yatırım Holding AŞ by “Q Yatırım Bankası A.Ş. ” It has been determined to permit the institution of an funding financial institution with the title of

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