BDDK granted operating permit to TOM Participation Bank Inc.

The BDDK has granted an operating permit to TOM Participation Bank Inc. The Banking Regulation and Supervision Agency's (BDDK) decision to grant an operating permit to TOM Participation Bank Inc., which had previously been granted an establishment permit, was published in today's Official Gazette. The capital of the bank, whose founders include A101 Markets' Chairman of the Board Ahmet Yaşar Aydın, was determined as 1.5 billion lira. The acronym for TOM Participation Bank, which will operate as a participation bank, was announced as "Technology of Money".