Freedom Holding Corp to acquire 99% of Turkish Bank A.Ş

Reuters

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Freedom Holding Corp to acquire 99% of Turkish Bank A.Ş

Freedom Holding has agreed to acquire a 99% stake in Turkish Bank from Özyol Holding and National Bank of Kuwait, with the stake size disclosed as an update to the previously indicated deal. The transaction covers only Turkish Bank’s operations in Turkey and excludes the group’s units in the UK and Cyprus. Freedom plans to invest in technology modernization and digital transformation at the bank, with an expanded focus on retail customers and small and medium-sized businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freedom Holding Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603111014PRIMZONEFULLFEED9670083) on March 11, 2026, and is solely responsible for the information contained therein.

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The transaction covers only Turkish Bank’s operations in Turkey and excludes the group’s units in the UK and Cyprus. Freedom plans to invest in technology modernization and digital transformation at the bank, with an expanded focus on retail customers and small and medium-sized businesses.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freedom Holding Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. 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