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Kaspi.kz receives approval to acquire Turkish bank
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Kaspi.kz receives approval to acquire Turkish bank

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  • Kaspi.kz (NASDAQ:KSPI) received regulatory approval from Türkiye’s BDDK to acquire Rabobank A.Ş., a fully licensed Turkish bank.
  • The deal is expected to close in July 2026 and supports Kaspi.kz’s international expansion strategy.
  • The acquisition will advance Kaspi.kz’s fintech-driven growth in the Turkish market.

Kaspi.kz (NASDAQ:KSPI) received regulatory approval from Türkiye’s Banking Regulation and Supervision Agency (BDDK) to acquire Rabobank A.Ş., a fully licensed Turkish bank.

The acquisition is expected to close in July 2026, subject to customary closing conditions.

The transaction supports Kaspi.kz’s expansion and fintech-driven growth strategy in Türkiye.

Kaspi.kz plans to leverage its digital banking expertise to grow operations in the Turkish market following the acquisition.

The company continues to pursue international growth opportunities while building on its successful fintech model developed in Kazakhstan.

Kaspi.kz operates a leading digital ecosystem offering payments, banking, and marketplace services primarily through its mobile application.

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