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Subsidiaries and Affiliates

 Subsidiaries and AffiliatesShare (%)Share(%) Including Indirect Partnerships
BORSA İSTANBULİstanbul Settlement and Custody Bank (Takas İstanbul)64,18 
Central Securities Depository (Merkezi Kayıt İstanbul)30,1071,75
Capital Markets Licensing and Training Agency20,0034,27
Energy Exchange İstanbul30,83 
Turkish Mercantile Exchange15,0021,80
ELİDAS Licenced Warehouse17,3319,98
JCR Eurasia Rating18,50 
Birleşik Mortgage Company5,00 
Baku Stock Exchange4,76 
Montenegro Stock Exchange24,43 
Sarajevo Stock Exchange9,8916,70
Kyrgyz Stock Exchange22,86 

*Decimals are rounded.