BRSA allowed; A brand new financial institution was established. The choice of the BRSA was printed within the Official Gazette. Identify of the brand new financial institution; Q Funding Financial institution

A final-minute assertion was made by the Banking Regulation and Supervision Company. Once we take a look at the choice printed within the Official Gazette dated October 14, 2022, it’s acknowledged 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 total textual content of the choice issued by the BRSA and printed in at the moment’s problem 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 acquired 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 Regulation (Regulation) numbered 5411, throughout the framework of the authority given within the second paragraph of the identical article relating to the stated info and paperwork. Because of this, in accordance with the sixth article of the legislation, 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

Right here is the BRSA determination printed within the Official Gazette:

BRSA allowed;  A new bank was established.  The decision of the BRSA was published in the Official Gazette.  Name of the new bank;  Q Investment Bank

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