Freedom Holding completes acquisition of 99.32% stake in Turkish Bank, renames it Freedom Bank

Reuters2026/08/01 01:05

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Freedom Holding completed the acquisition of 99.32% of Turkish Bank, securing an entry point into Türkiye’s banking sector.
The lender has been renamed Freedom Bank, positioning it as the hub for an integrated financial and digital services platform in Türkiye.
The stake was bought from sellers affiliated with Özyol Holding and National Bank of Kuwait.
Timur Turlov joined the new board alongside H. Cenk Eynehan, Furkan Evranos, and Ayşe Hale Yıldırım.
The group plans a modernization program focused on capital strength, technology upgrades, digital channels, and new product development.

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 ACCESS Newswire (Ref. ID: 202607312105ACCESSWRNAPR_____1199861) on August 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Freedom Holding completes acquisition of 99.32% stake in Turkish Bank, renames it Freedom Bank

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