The British Barclays Bank PLC, one of the world’s leading banks, will establish a brokerage firm in Turkey. Analysts note that the interest of such a large financial institution in Turkey will be positively received by the markets. The Capital Markets Board (SPK) has granted permission for the establishment of a new brokerage firm named Barclays Menkul Değerler AŞ, in which Barclays Bank PLC will have 100% ownership. This decision was announced in the weekly bulletin of the SPK. Analysts highlighted that the SPK’s approval of the establishment of the new brokerage firm opens up possibilities for the interest of such a large financial institution in Turkey, which had not been seen for a long time, to be welcomed positively by the markets. Previously, the SPK also approved the establishment of two new brokerage firms owned by Aktif Yatırım Bankası A.Ş and Fibabanka A.Ş, two of Turkey’s leading banks.