Kaspi.kz signs share purchase agreement to acquire Rabobank’s Turkish subsidiary

Kaspi.kz (KSPI) has signed a share purchase agreement with Rabobank Group, relating to the purchase of Rabobank’s Turkish subsidiary Rabobank. The transaction is not material. Rabobank 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 and satisfaction of all customary closing conditions.