Change of ownership and re-branding of Bankhaus J. Faisst OHG

Dear Clients and Business Partners,

With effect from 23 July 2024, Yapı ve Kredi Bankası A.Ş. has acquired 100% ownership of Bankhaus J. Faisst OHG following the official approvals granted by the German Federal Financial Supervisory Authority (BaFin) and the European Central Bank (ECB) on 27 June 2024. With the transfer of ownership, the Bank's registered office is relocated to Frankfurt am Main.

In line with the aforementioned change in ownership, the Bank has changed its name to Yapi Kredi Bank Deutschland OHG with effect from 1 August 2024.