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)

BANKING - Albaraka, expects 20 percent increase in net profit

General Manager of Albaraka Fahrettin Yahsi, do not expect decline in profitability in 2011, predicting net profits increase again by around 20 percent.
ISTANBUL - General Manager of Albaraka Fahrettin Yahsi, do not expect decline in profitability in 2011, a net increase of around 20 percent of the anticipated profitability, the profit and loss would be one of the factors that support partnership based on the reported profits of real estate projects.
Yahsi, in his speech at a press conference, at the beginning of the year to achieve their goals they will reach the end of the year, so for them that looks like will not be a problem in terms of both profitability and growth, he said. (source)