One of the world’s leading banks, British Barclays Bank PLC, will establish a brokerage firm in Turkey. Analysts note that the interest of a financial institution of this scale in Turkey will be positively received by the markets. The Capital Markets Board (SPK) approved the establishment of a new brokerage firm named Barclays Menkul Değerler AŞ, in which the international British giant Barclays Bank PLC will have a 100% ownership. The SPK’s weekly bulletin published the decision, signaling that the Board found the establishment of the new brokerage firm suitable. Analysts pointed out that the Board’s recent decision to greenlight the establishment of the new brokerage firm, after a long time, will be viewed positively by the markets regarding the interest of a financial institution of this scale in Turkey. Previously, the SPK had also approved the establishment of two new brokerage firms owned by leading banks in Turkey, Aktif Yatırım Bankası AŞ and Fibabanka AŞ.