Ekspres Invest will work with Deniz Invest, the largest agency network in Turkey, in order to provide services to foreign institutional investors.

The partnership is expected to give local and foreign clients the ability to receive their investment banking services from one organization.

The pairing will operate under the DenizBank Financial Services Group in the capital market field. It will use Ekspres Invest's experience providing brokerage and research services to foreign institutional investors. The partnership will also take advantage of Deniz Invest's strong research team.

"With the organizational integration of our two valuable companies under our financial services group, our local and foreign clients will be able to access the service quality, which they are already familiar with, through a stronger Deniz Invest," Cafer Bakirhan, a member of Deniz Invest's executive board, said. "We are more than happy to be able to provide brokerage and corporate finance services to both local and foreign investors under the same roof."