The Communications Authority of the Turkish Presidential Office issued a statement after the 6th Fund Coordination Committee meeting saying that Turkey has completed physical and cash settlement payments for 66 investment funds managed by A1 Portfoy, Bulls Portfoy, and Pardus Portfoy, involving more than 45,000 investors, for a total amount of about 40.8 billion liras. The clearing was carried out by Zirayat Bank. The number of funds still in the liquidation process dropped from 131 to 65. Next week, the plan is to disburse funds to as many investors in Hedef Portfoy's funds as possible, with a focus on investors in money market funds.
Zhitongcaijing · 3d ago
Share
Listen to the news
The Communications Authority of the Turkish Presidential Office issued a statement after the 6th Fund Coordination Committee meeting saying that Turkey has completed physical and cash settlement payments for 66 investment funds managed by A1 Portfoy, Bulls Portfoy, and Pardus Portfoy, involving more than 45,000 investors, for a total amount of about 40.8 billion liras. The clearing was carried out by Zirayat Bank. The number of funds still in the liquidation process dropped from 131 to 65. Next week, the plan is to disburse funds to as many investors in Hedef Portfoy's funds as possible, with a focus on investors in money market funds.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending