United Kingdom & Europe Stock Loans CMB (SPK) TRY

Turkey Stock Loans against Borsa Istanbul shares

A stock loan against shares you hold on Turkey’s principal equity venue — for family offices, founders and controlling shareholders, without selling a single share.

01 · The Market

United Kingdom & Europe

Turkey equity markets.

We structure stock loans (securities-backed financing) against Turkey-listed shares. It lets founders, family offices and controlling shareholders draw liquidity from a concentrated position without selling, without unsettling voting control, and with the full holding recovered on repayment. You stay the beneficial owner throughout.

Turkey stock loans at a glance:

Listed venue	Borsa İstanbul (BIST)
Regulator	Capital Markets Board of Türkiye (CMB (SPK))
Currency	TRY
Principal indices	BIST 100, BIST 30
Structure	Non-recourse, limited- or full-recourse

Regulatory references are published for general orientation and are not legal advice.

02 · Exchanges

One Venue

Each Turkey exchange, covered.

BIST · Istanbul

Borsa İstanbul

Formed in 2013 from the consolidation of the Istanbul exchanges, bridging European and Middle Eastern capital. Single-stock turnover is high; lira volatility is the central structuring consideration for a TRY-denominated pledge.

View Borsa Istanbul →

03 · FAQ

Turkey · Stock Loans

What holders ask about Turkey.

01How much can I borrow against Turkey-listed shares?

The loan-to-value is set to your holding — its free float, daily traded volume, volatility, and your own regulatory standing. A large-cap with deep free float supports a higher LTV than a thin mid-cap, and a non-recourse structure runs lower than a full-recourse one on the same stock. We quote indicative ratios only after reviewing the position.

02Which Turkey exchanges can I borrow against?

We cover Borsa İstanbul (BIST). Financing is arranged against shares listed there; which venue applies depends on the issuer’s primary listing and how the holding trades.

03What currency can the facility be drawn in?

The default is TRY, the listing currency. Cross-currency structures — drawing a USD or EUR loan against the position — are common, and bring hedging, settlement and tax points we set out expressly in the documentation.

04Who regulates these transactions in Turkey?

Capital Markets Board of Türkiye (CMB (SPK)) is the principal regulator. Black Haven Investments lends as principal; lending and any regulated activity are conducted by, or through, appropriately licensed or registered entities in the relevant jurisdiction.

04 · Adjacent Markets

United Kingdom & Europe

Countries adjacent to Turkey.

United Kingdom · Europe (Euronext) · Germany · Switzerland · Italy · Spain · Sweden · Finland · Denmark · Poland · Austria · Norway

All countries →

A particular Turkey holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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