Lexist advises on Kilyos Tunnel PPP USD405mn project financing
Lexist is proud to announce that it advised ICA İçtaş Altyapı Yavuz Sultan Selim Köprüsü ve Kuzey Çevre Otoyolu Yatırım ve İşletme A.Ş. on the first-of-a-kind financing involving the issue of USD405mn 7.536% Secured Amortising Notes for the construction of the Sarıyer–Kilyos PPP Tunnel Project. The Project is the first bond issued in Türkiye by […]
Digital banking versus traditional banking in Türkiye: the legal considerations for consumer protection
Article first published by the International Bar Association’s Financial Law Committee The term ‘digital bank’ and its historical development Banks play a critical role in the financial system and can be classified based on various criteria, including ownership structure (public or private), scope of operations (single-purpose or multi-purpose), number of branches (single-branch or multi-branch), geographical reach […]
Lexist Advises Aydın Group on Sale of 20% Shareholding in TOM Financial Group to Dubai Islamic Bank
Over a period of two years, Lexist advised Aydın Group on the establishment of TOM financial group companies including a digital participation bank, licensed e-money and payment services company and a licensed financing company (“TOM Financial Group Companies”). On December 6, 2023, Dubai Islamic Bank PJSC (“DIB”), the largest participation bank by asset size […]