A101, One of Turkey’s Leading Market Chains, Establishes a Digital Bank

BRSA allowed A101, one of Turkey’s leading supermarket chains, to establish a digital bank.

According to a decision published in the official gazette today, the way for the A101 grocery chain to establish a digital bank has been paved. Market chain managers TOM Participation Bank A.Ş.Application for the establishment of Banking Regulation and Supervision Agency (BDDK) approved by.

Following the approval decision of the BRSA, A101 Chairman of the Board of Directors Ahmet Yasar Aydin and A101’s CFO (Financial Affairs Manager) Can Ersoz with Ali Taha Aydin, Erhan Bostan and Tolga Akarto establish a digital bank permission has been granted. According to the decision published in the Official Gazette, ‘TOM Katılım Bankası A.Ş.’ The founding capital of the digital bank to be established under the name 1.5 billion lira was determined as.

Although there has not been an official statement yet by the A101 company on the subject, a chain store has to the digital banking industry entering the industry large-scale investments It gives a clear indication of growth.

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