Türkiye to Merge Three State-Owned Participation Banks
President Recep Tayyip Erdoğan announced that Türkiye will merge its three state-owned participation banks—Ziraat Katılım, Vakıf Katılım, and Halk Katılım—to create a unified structure. The move is part of an effort to strengthen interest-free finance in the country.
Topics: financial_sector government_policy merger