Tera Portfolio Announces on the Public Disclosure Platform (KAP)! How Will Fund Returns and Payments Be Handled?
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Economy - Tera Portfolio has released a statement on the Public Disclosure Platform (KAP) regarding fund refund requests and payment processes. Tera Portfolio announced that refund requests for its funds have turned into withdrawal requests totaling approximately 300 billion TL.
Uncertainty in the market continues as part of the "fund investigation" being conducted by the Istanbul Chief Public Prosecutor's Office. In a statement to the Public Disclosure Platform (KAP) by Tera Portfolio, the Capital Markets Board...
Tera Portfolio announced to the Public Disclosure Platform (KAP) that refund requests have exceeded 300 billion TL. The statement noted that meeting a request of this magnitude in a short time constitutes a significant operational process for financial institutions.
Habertürk
haberglobal.comTera Portfolio Management Inc. has released an update on fund refund requests and payment processes. The company stated that refund requests for the funds quickly escalated into a large-scale withdrawal request of approximately 300 billion TL. Payments for four funds were made on September 16th, 17th, and 18th, but further payments were halted on September 18th due to transaction restrictions and blocks placed on the account at Takasbank.
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