Emlak Katılım was involved in the process to ensure that the activities of Katılımevim, Birevim and İktisat Katılım continue uninterrupted.
Emlak Katılım Bankası completed the transfer process of Katılımevim, Birevim and İktisat Katılım in order to maintain financial stability and ensure that citizens do not suffer from grievances.
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Emlak Katılım Bankası, with its experience in participation finance, took over Katılımevim, Birevim and İktisat Katılım.
According to the statement made by the bank, the uninterrupted continuation of the current activities of Katılımevim, Birevim and İktisat Katılım, which are within the participation finance ecosystem, is important for the stable development of the sector and the trust in the financial system.
In this context, Türkiye Emlak Katılım Bankası AŞ, with its corporate knowledge in the field of participation finance and experience in the savings finance sector, was involved in the process in order to strengthen the environment of trust in the sector, preserve financial stability and prevent citizens from suffering any grievance.
Real Estate Participation; Katılımevim received the necessary permissions and approvals in accordance with the relevant legislation regarding the transfer of Birevim and İktisat Katılım.
With the completion of this strategic step, Emlak Katılım's financial activities, built on its experience in the financial sector and strong corporate structure, are expected to reach wider audiences.
After the transfer process of Katılımevim and Birevim was announced to the public on September 17, the due deliveries of both companies were carried out without any disruptions and the protection of customers' rights was prioritized.
Katılımevim made a total of 16 thousand 499 deliveries, including 2 thousand 140 residences, 14 thousand 355 vehicles and 4 workplaces, between 17 September and 8 November. The total amount of the deliveries in question reached 22 billion 492 million 761 thousand 573 lira.
In the same period, Birevim made a total of 6 thousand 882 deliveries, including 1468 residences, 5 thousand 373 vehicles and 41 workplaces. The total amount of the company's deliveries during this period was 10 billion 560 million 502 thousand 686 lira.
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Türkiye Emlak Katılım Bankası informed KAP that the necessary permissions and approvals have been received from the relevant institutions and ministries for the share transfer transactions of Katılımevim, Birevim and İktisat Katılım.
According to TÜİK data, industrial production increased by 2.1 percent on a monthly basis and 2.6 percent on an annual basis in September. In the sub-sectors, mining, manufacturing and electricity, gas, steam and air conditioning indices increased.