24 Oct 2025

"Verdi Firm Facilitates QNB Bank's Spin-Off of Enpara Bank's Digital Banking Operations"

"Verdi Firm has successfully advised QNB Bank and Enpara Bank on the complete separation of QNB's Enpara.com digital banking operations, which included the establishment and licensing of Enpara Bank and a partial spin-off of its digital banking services. This deal allowed QNB Bank's shareholders to also become shareholders of Enpara Bank through a pro-rata share distribution. The Verdi team involved in this transaction included Managing Partner Can Verdi and several partners and associates."

The Verdi Firm has advised QNB Bank and Enpara Bank in the separation of QNB’s Enpara.com digital banking business. This transaction involved the incorporation and licensing of Enpara Bank, as well as a partial spin-off that transferred the digital banking operations to the newly established entity. The deal was structured as a pro-rata share distribution to existing shareholders, resulting in QNB Bank’s shareholders also becoming shareholders of Enpara Bank. The Verdi team included Managing Partner Can Verdi, Partners Zeynep Fencimen and Dogac Gunaydin, and Associates Yaren Kinalioglu, Cem Degirmenci, and Alparslan Erbay.
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