Fundz
Funding, M&A and exec moves matched to your market, guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

Freedom Holding acquires TurkishBank for Türkiye entry

PUBLIC · FRHCMar 08, 2026•5 months ago

Acquiring Company

Freedom Holding Corp

Acquired Company

Turkish Bank A.Ş

FairfaxIstanbulFinancial ServicesFinanceBankingFinancial ServicesFinanceLendingBanking

Description

Freedom Holding has agreed to buy controlling shares in TurkishBank Group's Türkiye operations. The acquisition involves the transfer of a 99.31% stake from Ozyol Holding and the National Bank of Kuwait. This move marks Freedom Holding's entry into Türkiye's banking sector as part of its regional expansion strategy.

Company Information

Company

Freedom Holding Corp

Location

Fairfax, Virginia, United States

About

Freedom Holding Corp., a Nevada corporation, is a financial services holding company conducting retail securities brokerage, investment research, investment counseling, securities trading, investment banking and underwriting services, mortgages, insurance, and consumer banking through its subsidiaries, operating under the name Freedom Finance in Europe and Central Asia. Through its subsidiaries, Freedom Holding Corp. employs more than 2,900 people and is a professional participant in the Kazakhstan Stock Exchange, the Astana International Exchange, the Republican Stock Exchange of Tashkent, and the Uzbek Republican Currency Exchange and is a member of the New York Stock Exchange and the Nasdaq Stock Exchange. Freedom Holding Corp. is headquartered in Almaty, Kazakhstan, and has a presence through its subsidiaries in 15 countries, including among others Kazakhstan, Cyprus, Uzbekistan, Azerbaijan, and the United States. Freedom Holding Corp.'s common shares are registered with the United States Securities and Exchange Commission and are traded in the United States on the Nasdaq Capital Market, operated by Nasdaq, Inc. To learn more about Freedom Holding Corp., visit www.freedomholdingcorp.com.

Don't miss Freedom Holding Corp's next move

Get an email the moment Freedom Holding Corp makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

David
Likely contact at this company
••••••••@••••••••

See David's verified email →

Joe
Likely contact at this company
••••••••@••••••••

See Joe's verified email →

Predictive Intelligence
Strategic

ML-powered predictions for Freedom Holding Corp's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Turkish Bank A.Ş?

Turkish Bank A.Ş was acquired by Freedom Holding Corp, based in Fairfax. The deal was reported on March 8, 2026. Freedom Holding Corp is publicly traded (FRHC) and operates in Financial Services.

When did Freedom Holding Corp acquire Turkish Bank A.Ş?

Freedom Holding Corp's acquisition of Turkish Bank A.Ş was reported on March 8, 2026. Freedom Holding has agreed to buy controlling shares in TurkishBank Group's Türkiye operations. The acquisition involves the transfer of a 99.31% stake from Ozyol Holding and the National Bank of Kuwait. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Turkish Bank A.Ş do?

Turkish Bank A.Ş. recently underwent a change of its trade name to Freedom Bank A.Ş. after a significant acquisition. The bank aims to integrate more fully into the digital financial ecosystem being built by its parent company. It is privately held, operating in Financial Services, and is based in Istanbul.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.