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2 clusters · 12 sources · 3 days · First seen · Last updated

Categories: BUSINESS

Freedom Holding acquisition of Turkish Bank

Entities: Vladimir Pochekuev · Timur Turlov · Freedom Bank A.Ş. · Freedom Holding Corp. · Turkish Bank A.Ş.

Overview

Freedom Holding Corp., through its subsidiary Freedom Finansal Hizmetler A.Ş., completed the purchase of more than 99% of Turkish Bank’s share capital in late July 2026. Regulatory approval from Turkey’s Banking Regulation and Supervision Agency and the Competition Authority enabled the share transfer and a subsequent general assembly to rename the lender Freedom Bank A.Ş.

The rebranding was accompanied by the appointment of a new board, including Vladimir Pochekuev as chairman and founder Timur Turlov as a board member. Freedom Holding also launched a US$300 million ordinary share offering to fund its expansion, positioning the newly branded Freedom Bank as a gateway for its Kazakhstan‑origin “SuperApp” ecosystem into the Turkish market.

The acquisition gives Freedom Holding a regulated banking foothold in Turkey, allowing it to offer a full suite of deposit, payment, lending and wealth‑management services under the Freedom Bank brand.

Timeline

  1. 5 days ago

    [BUSINESS] 2 sources
    Freedom Holding acquires Turkish Bank, rebrands to Freedom Bank

    Freedom Holding Corp completed its 99.32% purchase of Turkish Bank, renaming it Freedom Bank and gaining a direct banking foothold in Turkey.

  2. 8 days ago

    [BUSINESS] 10 sources
    Freedom Holding Rebrands Turkish Bank as Freedom Bank after Share Transfer Completion

    Freedom Holding completed the 99.31% acquisition of Turkish Bank, renamed it Freedom Bank A.Ş., and installed a new board, aiming to introduce its Kazakhstan‑based digital ecosystem to Turkey.

Sources

finansgundem.com · gazetedamga.com.tr · internethaber.com · isca.org.sg · istikbalgazetesi.com · m.haber7.com · memesita.com · ortadogugazetesi.com · sesgazetesi.com.tr · stocktitan.net · thesheffieldpress.com · welt-format.ch