New Developments in the Payment and Liquidation Process of Investment Funds
The liquidation process was discussed at the Fund Board's fifth meeting; billion-lira payments were made to thousands of investors in certain funds.
According to a statement by the Presidency's Directorate of Communications, the 5th meeting of the Fund Board was held, and the processes regarding the investment funds whose liquidation was decided by the Capital Markets Board were evaluated.
Fund Board Meeting and Evaluations
The Presidency's Directorate of Communications announced that the fifth meeting of the Fund Board was held under the chairmanship of the Vice President.
During this important meeting, the payment and liquidation processes in certain investment funds, whose liquidation was decided by the Capital Markets Board, were discussed in detail.
Payments Made by Ziraat Bank
According to the disclosed information, an important step was taken by Ziraat Bank last week, and payments were delivered to the beneficiaries.
In this context, it was reported that a total of 6.4 billion Turkish Liras was paid to 43,643 investors in funds managed by A1, Bulls, and Pardus companies.
Liquidation to Be Completed by the End of the Week
As a result of the ongoing efforts, the liquidation process amounting to 34.1 billion Turkish Liras is planned to be fully completed by the end of the week.
With the completion of the process as targeted, all transactions in 66 investment funds managed by a total of three portfolio management companies will come to an end.
In-Kind and Cash Liquidation Transactions
Thanks to the liquidation operations carried out, the rights of thousands of citizens are being secured.
In line with the plans made, in-kind and cash liquidation transactions totaling 40.5 billion Turkish Liras for 45,745 people will be completed.
Parliamentary Process of the Bill
A comprehensive bill has been prepared to ensure that the liquidation process is carried out fairly, transparently, and effectively, and that the payments are legally secured.
It was announced that this proposed legal regulation was officially submitted to the Presidency of the Grand National Assembly of Turkey on October 9, 2026.
Commission Discussions and Goals
It was noted that the bill submitted to the Parliament is projected to be discussed in the Planning and Budget Commission of the Grand National Assembly of Turkey on October 14, 2026.
The Directorate of Communications emphasized that after the enactment of the relevant bill, new steps will be taken for other funds in the liquidation process.
Interim Payment Target for Other Funds
Following the enactment stage of the legal regulation on the parliament's agenda, the efforts will continue without slowing down.
Accordingly, it was announced to the public that interim payments regarding the other 65 funds in the liquidation process are also targeted to be completed swiftly.