Freedom Holding CEO Timur Turlov elected president of FIDE

Timur Turlov elected FIDE president with 110 votes against Rosenstein's 85. Plans to increase FIDE investment to $7 million with personal guarantee. Development fund to rise to more than $6 million for tournaments and training. Viswanathan Anand elected as FIDE deputy president on Turlov's ticket. Focus on digital platform creation and anti-cheating technology upgrades.

Freedom Holding named general partner for 2026 FIDE World Championship

Freedom Holding Corp. appointed General Partner for 2026 FIDE World Championship. Match features Gukesh D vs Javokhir Sindarov in Geneva from Nov 22 to Dec 12. Partnership extends prior roles in 2023 and 2024 FIDE flagship events. Both players aged 20, marking youngest title contest in history.

Moody's assigns first-time insurance ratings to Freedom Holding subsidiaries

Moody's assigns Ba1 ratings to Freedom Insurance and Baa3 to Freedom Life. Freedom Life becomes the first investment-grade entity in Freedom Holding Corp. Freedom Insurance holds ~10% non-life market share; Freedom Life holds ~20%. Both companies leverage the Freedom SuperApp, which has 5 million users.

Freedom Holding advances Türkiye expansion with brokerage license

Freedom Holding Corp. subsidiary Freedom Yatırım has secured a brokerage license from the Capital Markets Board of Türkiye, becoming the first broadly authorized foreign firm to do so since 1992. The subsidiary has also completed integration with Borsa İstanbul, leveraging the parent company’s TraderNet platform. This development complements Freedom Holding’s acquisition of Turkish Bank A.Ş., supporting the creation of an integrated digital financial ecosystem in the country.

Freedom Holding Corp. Reports Q1 FY2027 Results: Revenue Jumps 40%, Net Income Declines

Freedom Holding Corp. reported fiscal Q1 FY2027 results with total revenue, net of $732.5 million, up 40% year-over-year, driven by strong growth in interest income ($295.1 million), fee and commission income ($156.7 million, +46%), and net gains on trading securities ($79.8 million). Net income declined to $31.7 million from $37.4 million, with EPS at $0.52 basic and diluted. Total assets grew to $14.0 billion, total customers rose to 8,743,000, and S&P Global Ratings upgraded credit ratings on key subsidiaries to 'BB-' from 'B+'. The company also acquired ChessBase GmbH and, post-quarter, completed the acquisition of approximately 99.32% of Turkish Bank A.Ş. for $33.4 million.

Freedom Holding Corp. Completes Acquisition of Turkish Bank A.Ş.

Freedom Holding Corp. acquires 99.32% of Turkish Bank A.Ş., renaming it Freedom Bank A.Ş. The deal follows regulatory approvals and establishes a new board led by CEO Timur Turlov. The move anchors Freedom's strategy to build an integrated financial and digital ecosystem in Türkiye, complementing its local brokerage operations.