Türkiye’s banking regulator, the Banking Regulation and Supervision Agency (BDDK), has granted operational licenses for 3 new banks, in response to a communique printed Saturday.
According to the choice printed within the Official Gazette, as per the BDDK’s choice, two funding banks, specifically Marin Yatırım Bankası and Aytemiz Yatırım Bankası, and one digital participation financial institution, Adil Katılım Bankası, can be established.
Following examinations and evaluations underneath Articles 7 and eight of Banking Law No. 5411, the Banking Regulation and Supervision Agency has permitted the institution of Marin Yatirim Bankasi and Aytemiz Yatirim Bankasi as improvement and funding banks, every with a capital of TL 1.5 billion ($46.59 million).
In addition, primarily based on the evaluations underneath Articles 7 and eight of the Banking Law No. 5411 and in accordance with Article 6 of the identical legislation, the BDDK has authorised the institution of a digital participation financial institution, Adil Katilim Bankasi with a capital of TL 3 billion.
As of the top of March, 61 state/personal/overseas lenders – together with deposit banks, participation banks and improvement and funding banks – had been working in Türkiye.
The whole property of native banks stood at TL 25.9 trillion as of March, rising 9.9%, or TL 2.3 trillion, from the top of final 12 months, in response to the BDDK information.
The mixed revenue of Turkish banks elevated 44.7% within the first quarter from a 12 months earlier to TL 153.5 billion, the BDDK information confirmed earlier in May.
Source: www.dailysabah.com
