BDDK granted operational license to Fair Finansman

BDDK

The Banking Regulation and Supervision Agency (BDDK) published the board decision regarding the operating license of Fair Finansman A.Ş. in the Official Gazette.

According to the board decision published in today’s issue of the Official Gazette by the BDDK, after the establishment permit issued to Fair Finansman A.Ş. on March 16, within the framework of the relevant laws and regulations, the operating license has been granted.

The Official Gazette stated the following:

“At the meeting of the board on October 27, 2023, as a result of the examination of the letter and its annexes dated October 24, 2023, with reference number E-12509071-104.01.01-98940, following the decision dated March 16, 2023, numbered 10537, granting permission for the establishment of Fair Finansman A.Ş., it was decided to grant an operating license to Fair Finansman A.Ş. in accordance with Article 7 of Law No. 6361 on Financial Leasing, Factoring, Financing, and Savings Finance Companies, and Article 5, paragraph (2) of the Regulation on the Principles of Establishment and Activities of Financial Leasing, Factoring, and Financial Companies.”

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