The British giant Barclays is establishing a brokerage firm in Turkey.

The British giant Barclays is establishing a brokerage firm in Turkey.

28.03.2025 00:01

It has been learned that the world-renowned English giant Barclays Bank PLC will establish a new brokerage firm in Turkey under the name Barclays Menkul Değerler AŞ. The Capital Markets Board, which granted permission for the initiative, announced that Barclays will own 100% of the new brokerage firm.

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The Capital Markets Board has granted permission for the establishment of a new brokerage firm named Barclays Menkul Değerler AŞ, which will be 100% owned by the internationally renowned British giant Barclays Bank PLC, one of the leading banks in the financial world.



BARCLAYS BANK ESTABLISHES A BROKERAGE FIRM IN TURKEY



The weekly bulletin of the CMB has been published. Accordingly, the Board has deemed it appropriate to establish a new brokerage firm named Barclays Menkul Değerler AŞ, which will be 100% owned by Barclays Bank PLC.



Analysts noted that the Board had previously opened the way for the establishment of a new brokerage firm, stating that the interest of a financial institution of this scale in Turkey would be positively received by the markets after a long period. The CMB had also previously approved the establishment of two new brokerage firms belonging to Turkey's leading banks, Aktif Yatırım Bankası AŞ and Fibabanka AŞ.



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