{"id":975125,"date":"2026-06-24T07:06:11","date_gmt":"2026-06-24T11:06:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kaspi-kz-receives-regulatory-approval-to-acquire-rabobank-a-s-in-turkiye\/"},"modified":"2026-06-24T07:06:11","modified_gmt":"2026-06-24T11:06:11","slug":"kaspi-kz-receives-regulatory-approval-to-acquire-rabobank-a-s-in-turkiye","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kaspi-kz-receives-regulatory-approval-to-acquire-rabobank-a-s-in-turkiye\/","title":{"rendered":"Kaspi.kz receives regulatory approval to acquire Rabobank A.\u015e. in T\u00fcrkiye"},"content":{"rendered":"<div class=\"mw_release\">\n<p>ALMATY, Kazakhstan, June  24, 2026  (GLOBE NEWSWIRE) &#8212; Joint Stock Company Kaspi.kz (\u201cKaspi.kz\u201d) (Nasdaq: KSPI) today announced that it has received regulatory approval from the Banking Regulation and Supervision Agency of T\u00fcrkiye (\u201cBDDK\u201d) to acquire Rabobank A.\u015e., a fully licensed bank in T\u00fcrkiye. The transaction is expected to close in July 2026, subject to the satisfaction of customary closing conditions.<\/p>\n<p>Mikheil Lomtadze, CEO and Co-Founder of Kaspi.kz, commented:<\/p>\n<p>\u201cWe are delighted to have received approval from the BDDK in connection with our acquisition of Rabobank A.\u015e. in T\u00fcrkiye.<\/p>\n<p>This is an important milestone for Kaspi.kz and a significant step forward in the development of our business in T\u00fcrkiye. We are grateful for the constructive engagement of the BDDK and relevant authorities throughout this process.<\/p>\n<p>T\u00fcrkiye is one of the world\u2019s most dynamic countries, with a large and digitally engaged population, entrepreneurial businesses, and a fast-growing digital economy. We have great respect for the local entrepreneurs, financial institutions, and partners who are helping shape the future of commerce in the country.<\/p>\n<p>Following completion, we look forward to applying our experience in payments, marketplace and fintech to serve Turkish consumers and merchants.<\/p>\n<p>We are at the early stages of this journey, and we are very excited about the opportunities ahead.\u201d<\/p>\n<p>\n        <strong>About Kaspi.kz<\/strong>\n      <\/p>\n<p>Kaspi.kz\u2019s mission is to improve people\u2019s lives by developing innovative mobile products and services.<\/p>\n<p>Kaspi.kz operates a unique two-sided Super App model, serving more than 25 million consumers and 900 thousand merchants across Kazakhstan and T\u00fcrkiye. In Kazakhstan, our Super App seamlessly integrates payments, e-Commerce, e-grocery, fintech, travel, classifieds and government services. This comprehensive offering is deeply relevant to users\u2019 daily lives, driving exceptional engagement with 77 monthly transactions per active consumer. In T\u00fcrkiye, Kaspi.kz owns an 86.74% stake in Hepsiburada, one of the country\u2019s leading e-Commerce platforms.<\/p>\n<p>Kaspi.kz has been listed on Nasdaq since January 2024.<\/p>\n<p>\n        <strong>For further information<\/strong>\n      <\/p>\n<p>David Ferguson <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CbjO3jQbHbo3si3F_hce-NK-lY35bpYSpIoemTcKNUciZxF8KIFIuqd28_12ScE35CqKI43ANgs6mkGQQ_tSsNRy860gXqz8gN5_LJLYDwM4fV7smWbe6B8UjcJZtqh0\" rel=\"nofollow\" target=\"_blank\">david.ferguson@kaspi.kz<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc1MTc5MyM3Njc1ODk0IzIyODU3NTI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YWY1MDQ4NzMtYzU1ZC00NWNiLTgwNDItMDQwZGEyMDU4MjZiLTEyOTczMDItMjAyNi0wNi0yNC1lbg==\/tiny\/JSC-Kaspi-kz.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ALMATY, Kazakhstan, June 24, 2026 (GLOBE NEWSWIRE) &#8212; Joint Stock Company Kaspi.kz (\u201cKaspi.kz\u201d) (Nasdaq: KSPI) today announced that it has received regulatory approval from the Banking Regulation and Supervision Agency of T\u00fcrkiye (\u201cBDDK\u201d) to acquire Rabobank A.\u015e., a fully licensed bank in T\u00fcrkiye. The transaction is expected to close in July 2026, subject to the satisfaction of customary closing conditions. Mikheil Lomtadze, CEO and Co-Founder of Kaspi.kz, commented: \u201cWe are delighted to have received approval from the BDDK in connection with our acquisition of Rabobank A.\u015e. in T\u00fcrkiye. This is an important milestone for Kaspi.kz and a significant step forward in the development of our business in T\u00fcrkiye. We are grateful for the constructive engagement of the BDDK and relevant &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kaspi-kz-receives-regulatory-approval-to-acquire-rabobank-a-s-in-turkiye\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kaspi.kz receives regulatory approval to acquire Rabobank A.\u015e. in T\u00fcrkiye&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-975125","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kaspi.kz receives regulatory approval to acquire Rabobank A.\u015e. in T\u00fcrkiye - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kaspi-kz-receives-regulatory-approval-to-acquire-rabobank-a-s-in-turkiye\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaspi.kz receives regulatory approval to acquire Rabobank A.\u015e. in T\u00fcrkiye - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ALMATY, Kazakhstan, June 24, 2026 (GLOBE NEWSWIRE) &#8212; Joint Stock Company Kaspi.kz (\u201cKaspi.kz\u201d) (Nasdaq: KSPI) today announced that it has received regulatory approval from the Banking Regulation and Supervision Agency of T\u00fcrkiye (\u201cBDDK\u201d) to acquire Rabobank A.\u015e., a fully licensed bank in T\u00fcrkiye. The transaction is expected to close in July 2026, subject to the satisfaction of customary closing conditions. Mikheil Lomtadze, CEO and Co-Founder of Kaspi.kz, commented: \u201cWe are delighted to have received approval from the BDDK in connection with our acquisition of Rabobank A.\u015e. in T\u00fcrkiye. This is an important milestone for Kaspi.kz and a significant step forward in the development of our business in T\u00fcrkiye. 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