Regulation, Risk & Compliance
Retail Banking
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Bank of China to establish deposit bank in Turkey
The Bank of China has received permission to operate a deposit bank in Turkey through the investment of $300 million, Turkey’s banking watchdog said late Jan. 13, according to Anadolu Agency. In a statement, the country’s Banking Regulation and Supervision Agency said BOC had brought the “required capital” and would…
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Click here to read the full story: Hurriyet Daily News