Mergers & Acquisitions
Retail Banking
Uncategorized
ICBC takes over Tekstilbank of Turkey
The Industrial and Commercial Bank of China, the world's largest bank, said Monday that it completed the acquisition of a 75.5% stake in Tekstilbank from Turkish GSD Holding, making it the first business institution operated by a Chinese bank in the country. The announcement was made by Jiang Jianqing, chairman…
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Click here to read the full story: Want China Times