Kaspi.kz receives regulatory approval to acquire Rabobank A.Ş. in TurkeyKazakhstan’s Kaspi.kz JSC has received approval from Turkey’s Banking Regulation and Supervision Agency (BDDK) to acquire Rabobank A.Ş., a fully licensed bank in Turkey, the company said in a press release on Wednesday.The transaction is expected to close in July 2026, subject to the satisfaction of customary closing conditions.Mikhail Lomtadze, chief executive officer and co-founder of Kaspi.kz, said they were delighted to have received approval from the BDDK in connection with the acquisition of Rabobank A.Ş. in Turkey.“Following completion, we look forward to applying our experience in payments, marketplace and fintech to serve Turkish consumers and merchants,” he is quoted as saying.Kaspi.kz had previously said it aimed to close the purchase of Turkish Rabobank A.S. by the end of 2025. Lomtadze later explained that Rabobank and e-commerce platform Hepsiburada would operate in tandem, similar to the integration of Kaspi.kz’s business units in Kazakhstan.In late March 2025, Kaspi.kz announced the acquisition of Rabobank A.S., a subsidiary of the Dutch Rabobank Group.In early 2025, Kaspi.kz completed the acquisition of a controlling stake in the Turkish e-commerce platform Hepsiburada, which stands at 86.74% today.The Kaspi.kz holding company encompasses online payment services, P2P transfers, personal finance management, and online shopping. The company operates across three platforms: payments, marketplace, and fintech. The group includes Kaspi Shop LLP, Kaspi Bank, Kaspi Pay LLP, and Kaspi Travel LLP. Kaspi.kz has been listed on Nasdaq since January 2024.As of April 1, 2026, the largest shareholders of Kaspi.kz were Mikhail Lomtadze (21.95%), Baring Funds (21.24%), and Vyacheslav Kim (19.76%). (ICE ALMATY)

Fonte notizia: INTERFAX