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BRSA Decision & Savings Financing Companies Decided to be Liquidated

According to the “Decision” of the Banking Regulation and Supervision Agency (“BRSA”), published in the Official Gazette (bis) on July 2, 2021, upon inspection of the information and documents submitted by some companies that have applied to the BRSA for adapting to the provisions of the Financial Leasing, Factoring and Financing Companies Law (“the Law”), it has been decided for the liquidation of those Companies whose plans are determined as insufficient, based on the determinations made by the BRSA personnel regarding these Companies.

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BRSA Decision & Savings Financing Companies Decided to be Liquidated