AI-generated summary
SDIF, as the savings deposit insurance fund, steps in and manages the assets of banks and financial institutions when they cannot meet expectations.
In the statement made by Tera Yatırım Teknoloji Holding to the Public Disclosure Platform (KAP), it was stated that SDIF was appointed as trustee to the company with the decision of the Istanbul 5th Criminal Court of Peace dated October 14, 2026 and job number 2026/10332 D.
The statement included the following statements:
"In accordance with the decision, the board of directors of our company was formed by the Fund Board and Enis Güçlü Şirin was appointed as the Chairman of the Board of Directors, Cüneyt Ardağ was appointed as the Deputy Chairman of the Board of Directors, Melek İnceköse İmert, Ercan Doğan, Arif Kural, Mert Can Aktı, Batuhan Başoğlu, Aybike Kaynar Bardakcı and Mine Terzi were appointed as members of the Board of Directors. The management and representation of our company is carried out by the board of directors appointed by the Fund Board and the necessary work is carried out with great care and attention." It started immediately."
AI outlook — possibilities, not facts
The board of directors appointed by SDIF will examine the financial structure of the company and take the necessary restructuring steps.
Likely · Within weeks

Due to security concerns due to the increasing attacks of the Iran-backed Houthis in Yemen, Saudi Arabia postponed The Future Investment Initiative conference as planned between 26-29 October and stated that the new date will be announced 'very soon'. CEOs of Goldman Sachs, Standard Chartered and Citi were expected to attend the conference.

Minister of Industry and Technology Mehmet Fatih Kacır stated that they implemented the Turkey Organized Industrial Zones Project to support green infrastructure investments for organized industrial zones and that they offered appropriate financing to industrialists, SMEs and green technology initiatives with the Turkey Green Industry Project with a budget of 450 million dollars in cooperation with the World Bank. He also emphasized that they support businesses' transition to clean production technologies with the Investment Commitment Advance Loan Program, comprehensive R&D incentives, and Green Transformation and Digital Transformation Support Programs. Kacır said that we are in a period of radical changes in the global economy and stated that Türkiye is a safe port for international investments and has become an important center of attraction with its strategic geographical location, qualified human resources and modern production infrastructure. He made a comprehensive evaluation of the 76th World Foundry Congress and said that the new century of the foundry industry will be the century of decarbonization, but this transformation must take place on a fair and inclusive basis on a global scale. He stated that carbon regulations should guide a common rise and that we, as Turkey, are ready to fulfill our responsibilities for the green future of the industry. He said that COP31 to be held in Antalya will pave the way for collaborations that will accelerate the green transformation of our industry and facilitate access to technology and finance, and invited the participating investors and industrialists to benefit from the opportunities.

Tera Yatırım Teknoloji Holding announced that SDIF was appointed as trustee to the company with the decision of the Istanbul 5th Criminal Court of Peace dated October 14, 2026. In accordance with the decision, the board of directors was formed by the Fund Board and Enis Güçlü Şirin was appointed as the chairman of the board of directors and Cüneyt Ardağ was appointed as the vice chairman.

SDIF, affiliated with the Ministry of Finance of the Republic of Turkey, appointed a trustee to Tera Yatırım Teknoloji Holding with the decision of the Istanbul 5th Criminal Court of Peace dated October 14, 2026. New board members were determined by the Fund Board and Enis Güçlü Şirin was appointed chairman of the board.
While the BIST 100 index decreased by 291.58 points compared to the previous closing, the total transaction volume reached 106.1 billion lira. The banking index gained 0.28 percent and the holding index lost 1.95 percent. Among the sector indices, the only gainer was banking, while the biggest loser was financial leasing factoring with 7.39 percent. Deputy Minister of Treasury and Finance Osman Çelik submitted his retirement petition to Minister Mehmet Şimşek, effective today, and Capital Markets Board Chairman Mahmut Sütcü resigned due to health problems. Analysts stated that tomorrow the international investment position in the country, weekly ADP private sector employment in the USA, housing starts and construction permits in the USA, data such as ZEW indices in Germany, Producer Price Index and loan interest rates in China will be followed tomorrow, and noted that technically, 11,300 and 11,200 points in the BIST 100 index are support and 11,500 and 11,600 points are resistance.

According to the data of the Insurance Association of Türkiye, a total of 2 thousand 453 damage reports were made in the fire and insurance branches after floods and floods. The total outstanding claims provision was determined as approximately 1.9 billion TL.