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Japan's BTMU says to apply for Turkish banking licence in August

Bank of Tokyo-Mitsubishi UFJ (BTMU) will apply for a banking licence in Turkey in August to set up a Turkish unit, Shoji Nakano, BTMU's head of Europe, Middle East and Africa said on Monday. BTMU, a core banking unit of Mitsubishi UFJ Financial Group , Japan's biggest banking group, will…

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