Jun. 28 at 6:41 AM
$KSPI according to Simply Wall St. Gains Turkish Regulator Approval for Rabobank A.Ş. Acquisition Set for 2026
Kaspi.kz has received regulatory approval from Türkiye’s Banking Regulation and Supervision Agency (BDDK) to acquire Rabobank A.Ş., a fully licensed Turkish bank, with the deal expected to close in July 2026 subject to customary conditions.
The acquisition gives Kaspi.kz a licensed banking platform in Turkey, which aligns with its fintech-led model and could broaden its product reach and operational footprint in a large neighboring market.
Kaspi.kz shares trade at
$86.85, with the stock up 22.5% over the past 90 days, suggesting investors have recently been pricing in a more positive company outlook.