Aksoy Holding A.S. entered into a share purchase agreement to acquire 99.5% stake in Pasha Yatirim Bankasi A.S. from TAIB Bank B.S.C. (c) on May 13, 2013. As of June 26, 2013, Banking Regulation and Supervision Agency approved the transaction. As of July 31, 2013, shareholders of TAIB Bank approved the transaction.

Aksoy Holding A.S. completed the acquisition of 99.5% stake in Pasha Yatirim Bankasi A.S. from TAIB Bank B.S.C. (c) on August 2, 2013.