Tuesday, February 14, 2012

TURKEY - BANKING - Bank Asya press conference

www.bankasya.com.tr - Bank Asya board member and general manager Mr. Abdullah CELİK held a press conference on 08.02.2012 and the main topics are listed below:

• Bank Asya continues ongoing negotiations with buyers regarding the sale of its Isik Sigorta (Insurance Subsidiary) shares. Depending on the offers, Bank Asya may sell entire of its shares. (source)



• Depending on the upcoming offers in 2012, Bank Asya can sell of its Yeni Magazacilik AS A101 (Retail stores affiliate) shares together with other partners.

• Depending on the developments international markets, Bank Asya interested in Sukuk issuance or Treasury’s Sukuk issuance the second half of 2012.

• Bank Asya has received an approval to open a representative office in India and can be opened within approximately one month.

• The research has finished regarding purchasing a finance company in countries such as Kosovo, Bosnia-Herzegovina, Albania, or Macedonia.

• Bank Asya has targeted 18% loan growth and 17% deposit growth in 2012.

09.Feb.2012

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