TurkishBank UK confirms no impact from Turkey share transfer agreement

10 March 2026

Bank states its ownership, strategy and operations in the United Kingdom remain unchanged despite recent disclosures concerning a Group affiliate in Turkey.

TurkishBank UK has confirmed that recent public disclosures regarding a share transfer agreement involving an affiliated banking corporation within the TurkishBank Group in Turkey do not affect the Bank’s operations in the United Kingdom.

In a statement issued today, the Bank clarified that the transaction relates solely to an affiliated entity in Turkey and has no connection with TurkishBank UK’s ownership structure, strategic direction or business activities in the UK market.

The Bank emphasised that it continues to operate fully within the TurkishBank Group and that its governance, operational framework and long-term strategy remain unchanged.

“TurkishBank UK remains fully within the TurkishBank Group structure and continues its business without any change in strategy, ownership or operations,” the statement said.

The Bank added that it will continue pursuing its strategic objectives in the United Kingdom while maintaining its longstanding commitment to customers and the wider community.

“With a history spanning 125 years globally and more than 50 years in the United Kingdom, we remain dedicated to serving our community with the same values, consistency and long-term perspective that have defined our institution,” the statement concluded.