One of the world’s leading banks, British Barclays Bank PLC, is set to establish a brokerage firm in Turkey. Analysts note that the interest of a financial institution of this scale in Turkey will be positively welcomed by the markets. The Capital Markets Board (CMB) has granted permission this week for the establishment of a new brokerage firm named Barclays Securities Inc., which will be owned 100% by the international British giant Barclays Bank PLC. The CMB’s weekly bulletin announced the approval. In light of this, analysts highlighted that the CMB’s recent decision to pave the way for the establishment of a new brokerage firm indicates a positive reception from the markets for a financial institution of this scale showing interest in Turkey after a long period. Previously, the CMB had also approved the establishment of two new brokerage firms owned by Aktif Investment Bank Inc. and Fibabank Inc., both leading banks in Turkey.