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BTCC / BTCC Square / Global Cryptocurrency /
Freedom Holding Corp. to Acquire 99.32% Stake in Turkish Bank A.Ş.

Freedom Holding Corp. to Acquire 99.32% Stake in Turkish Bank A.Ş.

Author:
Global Cryptocurrency
Published:
2026-03-11 14:20:02
14
1
BTCCSquare news:

Freedom Holding Corp. (Nasdaq:FRHC), led by entrepreneur Timur Turlov, has finalized an agreement to acquire 99.32% of Turkish Bank A.Ş. from Özyol Holding and the National Bank of Kuwait. Regulatory approvals in Turkey remain pending.

The deal grants Freedom Holding direct access to Turkey's banking sector, a market serving 90 million people. This marks a strategic expansion of the group's ecosystem in the region, excluding TurkishBank Group's UK and Cyprus operations.

The acquisition aligns with Freedom Holding's digital infrastructure development strategy. Its subsidiary, Freedom Finansal Hizmetler, recently secured approval to launch brokerage firm Freedom Yatirim. A banking license will enable integrated investment, brokerage, and financial services.

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