25.01.2026 22:00
The Savings Deposit Insurance Fund has initiated the sale process for Bank Pozitif, which has been operating for 24 years. A provisional price of 1 billion 100 million lira has been set for the bank, and it was announced that the auction will take place on February 17, 2026. Those wishing to participate in the auction are required to deposit a guarantee of 55 million TL. The bank's owner, Erkan Kork, was arrested as part of an illegal gambling investigation, and his assets were seized by the TMSF.
The Savings Deposit Insurance Fund (SDIF) has initiated the sale process for Bank Pozitif, which has been operating in Turkey for 24 years. A tentative price of 1 billion 100 million lira has been set for the bank, owned by Erkan Kork, and it has been announced that the sale auction will take place on February 17, 2026.
AUCTION SCHEDULE CLARIFIED
According to the statement made by the SDIF, a final date has been determined for the sale process, which has been postponed twice before.
Last day for bids: February 16, 2026
Auction date: February 17, 2026
Auction location: SDIF Esentepe Building
Those wishing to participate in the auction are required to deposit a guarantee of 55 million TL.
TENTATIVE PRICE 1.1 BILLION LIRA
The tentative price set for Bank Pozitif is 1 billion 100 million TL, while it is reported that many investors have shown interest in the bank in the sector's corridors. Its 24-year history and banking infrastructure are cited as factors increasing interest.
ASSETS SEIZED
The owner of Bank Pozitif, businessman Erkan Kork, was detained and subsequently arrested in March 2025 as part of an illegal betting investigation. During the investigation process, Kork's assets were seized by the SDIF.
ILLEGAL BETTING ALLEGATIONS
It was stated in the investigation that billions of lira were transferred to illegal betting sites through the Payfix application owned by Kork, and various irregular financial transactions were carried out through Bank Pozitif.