Kaspi.kz to acquire Rabobank Group's Turkish subsidiary Rabobank A.Ş.

ALMATY, Kazakhstan, March 27, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (NASDAQ:KSPI) has signed a share purchase agreement with Rabobank Group, relating to the purchase of Rabobank's Turkish subsidiary Rabobank A.Ş.

The transaction is not material. Rabobank A.Ş. is a fully licensed bank in Turkiye which has neither borrowing or depositing clients nor a branch network.

The closing of the transaction is pending the receipt of required regulatory approvals ...