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Turkey's Banking Regulator Revokes Golden Global Investment Bank License

BDDK revoked Golden Global Investment Bank's operating license under Article 71 of Banking Law No. 5411.

Sources: Kalem Gazetesi, Afyon Türkeli Gazetesi, Aydın Ses Gazetesi3 sources ↓|· 1 min read
Turkey's Banking Regulator Revokes Golden Global Investment Bank License
Photo: Kalem Gazetesi

KEY POINTS

  • BDDK revoked Golden Global Yatırım Bankası A.Ş.'s operating license
  • Decision made at BDDK meeting on November 4, 2026
  • Published in Official Gazette issue 33422 on November 6, 2026
  • Legal basis: Article 71, paragraph one, subparagraph (c) of Banking Law No. 5411
  • Decision recorded as BDDK decision number 11593

Turkey's Banking Regulation and Supervision Agency (BDDK) revoked the operating license of Golden Global Yatırım Bankası A.Ş. The decision was made during the agency's meeting on November 4, 2026, and was published in the Official Gazette on November 6, 2026, giving it legal effect.

The regulator cited Article 71, paragraph one, subparagraph (c) of Banking Law No. 5411 as the legal basis for the revocation. The decision was recorded under BDDK decision number 11593.

The official gazette publication appeared in issue number 33422 on Friday, November 6, 2026. The regulator's review was based on a submission dated November 4, 2026, bearing reference number E-43890421-101.01.01-208313.

Neither source provided details on customer accounts, payment processes, or liquidation procedures. The published decision text addresses only the license revocation itself.

The case highlights strict enforcement of banking regulations in Turkey's financial sector. Future obligations for the bank and rights of customers will be handled under relevant legal procedures.

BDDK has not announced further steps beyond the license cancellation. The bank's status and any subsequent actions remain subject to applicable legal processes.

READ THE FULL STORYat Kalem Gazetesi

2 more sources below

TOPICS

#Economy#Legislation#Company

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