There is no physical branch model in the future of the banking sector. In this context Turkey’s first digital participation bank Permission was obtained from the BRSA.
Nowadays, we do not need to go to the bank for many transactions. The mobile applications of banks operating in Turkey and what they offer in these applications are very advanced. This is digital transformation, in the future “physical bank branchIt will remove the concept of ” from our lives. In this respect Banking Regulation and Supervision Agency (BRSA) has been working for a long time and has prepared a regulation. previously directly here you can read Press Release on Digital Banks and Service Model Banking The institution that made a statement with the title “An important step has been taken towards the establishment of the infrastructure of the branchless banking model, which works only in the digital environment and is also called “neo-bank”.Making the statement, the institution gave the first permission in the process today.
According to Bloomberg’s report According to the Banking Regulation and Supervision Agency, with a capital of TL 1.5 billion, He gave permission for the establishment of Hayat Katılım Bankası AŞ. In the BRSA decision published in the Official Gazette, the bank’s Hayat Holding AŞ, Hayat Kimya AŞ, As Tüketim Malları AŞ, Kastamonu Entegre Ağaç Sanayi AŞ and Limas Port Management Inc. was established in partnership.
YOU MAY BE INTERESTED
“”, which was prepared by the BRSA and published in the official newspaper.Regulation on Operating Principles of Digital Banks and Service Model Banking” It entered into force on 01.01.2022. According to the BRSA, the regulation determining the operating principles of digital banking aims to facilitate access to banking services and increase financial inclusion.
Following the entry into force of the new regulation prepared for these banks that will operate without branches banks that will only serve their customers through digital channelswill be able to start operating quickly by applying to the BRSA and obtaining the necessary permits.