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Sumitomo Mitsui Forms Alliance With Garanti Bank in Turkey

Sumitomo Mitsui Financial Group Inc. signed an accord with Turkiye Garanti Bankasi AS, becoming the third Japanese megabank to tie up with a Turkish lender since September. The lender’s Sumitomo Mitsui Banking Corp. unit and Garanti, Turkey’s largest bank by market value, will cooperate on export credit agency financing and…

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