Islamic Finance
Mergers & Acquisitions
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Turkey’s Babacan Says Gov Wants Ziraat to Purchase Bank Asya
Ali Babacan, deputy Turkish Prime Minister, said the government would support state bank TC Ziraat Bankasi AS buying Asya Katilim Bankasi AS (ASYAB), the Istanbul Islamic lender in partnership talks with Qatar Islamic Bank. “It would be good for both the banking system and the bank itself, basically,” Babacan said…
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Click here to read the full story: Bloomberg