Turkcell Establishes a Digital Bank with 1 Billion Lira Capital

One of Turkey’s most popular mobile operators Turkcellthat he will establish a digital insurance company a few days ago. had announced . An even bigger move came from the company today. Once again, Turkcell made a statement on the Public Disclosure Platform (KAP). digital will set up a bank announced. Turkcell has made an official application to the Banking Regulation and Supervision Agency (BDDK) for its digital bank.

According to Turkcell’s PDP statement, the capital of the digital bank 1 billion TL will be. Turkcell Finansman A.Ş. owns 99.96% of the Digital Bank. Will have. Turktell Bilişim Hizmetleri A.Ş., Turkcell Sales and Digital Business Services Inc., Turkcell Technology Research and Development Inc. and Superonline Communication Services Inc. will own 0.01% of the bank. Turkcell’s digital bank, to individual customers and SMEswill serve.

Turkcell’s PDP statement is as follows:

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“From our wholly owned subsidiaries 99.96% of Turkcell Finansman A.Ş. , Turktell Bilişim Hizmetleri A.Ş., Turkcell Sales and Digital Business Services Inc., Turkcell Technology Research and Development Inc. and Superonline İletişim Hizmetleri A.Ş., which will separately own 0.01%, to the Banking Regulation and Supervision Agency (BDDK) for the establishment permission of the digital bank company that will serve customers in the retail and SME segments. Application filed on 27 June 2022 . The company is planned to be established with an initial capital of TL 1,000,000,000. After obtaining the establishment permission, with the completion of the necessary infrastructure and organization An application for an operating permit will be made to the BRSA. . The company will start operating if the said operating permit is obtained.

Announcing the company establishment to the public, Due to the fact that it may affect the investment decision of the investors and the share valueIt has been postponed by the decision of the Board of Directors within the scope of Article 6 of the Special Conditions Communiqué of the Capital Markets Board.”

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