Borsa Istanbul A.S., Japan Credit Rating Agency, Ltd., Türkiye Cumhuriyeti Ziraat Bankasi A.S., Turkiye Garanti Bankasi A.S. (IBSE:GARAN) and Yapi ve Kredi Bankasi A.S. (IBSE:YKBNK) agreed to acquire 85.05% stake in JCR Eurasia Rating On November 29, 2019. Under the terms of the transaction, Borsa Istanbul will hold 18.5% of the company, while Japan Credit Rating Agency will hold 14.95%. Turkish private and state lenders, including Ziraat Bank, Garanti BBVA, Yapi Kredi will also hold stakes in the company with 2.86%.