AcquisitionsJun 24, 2026, 07:01 AM
Kaspi.kz Gets Approval for Rabobank A.Ş. Acquisition in Türkiye
AI Summary
Joint Stock Company Kaspi.kz announced it has received regulatory approval from Türkiye's Banking Regulation and Supervision Agency (BDDK) to acquire Rabobank A.Ş., a fully licensed bank in Türkiye. The transaction is anticipated to close in July 2026, pending customary closing conditions. This approval marks a significant milestone for Kaspi.kz's expansion in Türkiye, where it intends to leverage its expertise in payments, marketplace, and fintech to serve local consumers and merchants. Kaspi.kz already holds an 86.74% stake in Hepsiburada, a leading e-Commerce platform in the country.
Key Highlights
- Received regulatory approval from BDDK for Rabobank A.Ş. acquisition.
- Transaction expected to close in July 2026, subject to closing conditions.
- Acquisition is a significant step for Kaspi.kz's business development in Türkiye.
- Kaspi.kz plans to apply its payments, marketplace, and fintech experience.
- Company already owns 86.74% of Hepsiburada, a Turkish e-Commerce platform.
Price Impact
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