TVF signed share transfer agreements to bring two public participation banks under one roof.
AI-generated summary
Türkiye Wealth Fund manages the merger process in order to increase the capacity of public capital participation financial institutions.
Türkiye Wealth Fund (TVF) announced that the first phase of merging Ziraat Katılım and Halk Katılım under one roof has been completed. While contracts for the transfer of shares of the two banks are signed, the transactions are aimed to be completed by the end of 2026.
Türkiye Wealth Fund (TVF) announced that an important stage has been completed in the work to unite public capital participation financial institutions under one roof. The contracts for TVF Katılım Finans Yatırımları A.Ş., a 100 percent subsidiary of TVF, to acquire the shares of Ziraat Katılım and Halk Katılım by paying their full price, were signed on October 7, 2026.
In the statement, it was stated that in line with President Recep Tayyip Erdoğan's strategic vision for the development of participation finance, it is aimed to increase the capacity and competitiveness of public capital participation financial institutions.
It was reported that the signed contracts included the transfer of shares of both financial institutions. Share transfers are planned to be carried out by the end of 2026, following the completion of the necessary legal processes and procedures before regulatory authorities.
It was stated that the efforts to unite public capital participation financial institutions under one roof are continuing in line with the determined schedule.
It was noted that within the scope of TVF's investment strategy, it will continue its efforts to support the development of financial markets, strengthen the participation finance ecosystem and increase the share of participation finance in the markets.
AI outlook — possibilities, not facts
Share transfers to be completed by the end of 2026.
Likely · Within months
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Türkiye Wealth Fund, its subsidiary TVF Katılım Finans Yatırımları A.Ş. signed a contract to acquire all shares of Ziraat Katılım and Halk Katılım. The process is aimed to be completed by the end of 2026.
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