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Freedom Holding Corp. acquires Turkish Bank

PUBLIC · FRHCAug 01, 2026•9 days ago

Acquiring Company

Freedom Holding Corp

Acquired Company

Turkish Bank

Fairfax

TurkeyFinancial ServicesFinanceBankingFinancial ServicesFinanceLendingBanking

Description

Freedom Holding Corp. has completed the acquisition of Turkish Bank, expanding its presence in the financial sector. This move is aligned with Freedom Holding's strategy to enhance its service offerings and market reach. The acquisition is expected to bring new opportunities and benefits to both organizations. Details of the transaction highlight the commitment to growth in international markets.

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.

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Integration timeline

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Frequently asked

Who acquired Turkish Bank?

Turkish Bank was acquired by Freedom Holding Corp, based in Fairfax. The deal was reported on August 1, 2026. Freedom Holding Corp is publicly traded (FRHC) and operates in Financial Services.

When did Freedom Holding Corp acquire Turkish Bank?

Freedom Holding Corp's acquisition of Turkish Bank was reported on August 1, 2026. Freedom Holding Corp. has completed the acquisition of Turkish Bank, expanding its presence in the financial sector. This move is aligned with Freedom Holding's strategy to enhance its service offerings and market reach. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Turkish Bank do?

Turkish Bank is a prominent banking institution in Turkey, offering a wide range of financial services including personal and commercial banking. It is privately held, operating in Financial Services, and is based in Turkey.