Showing posts with label representative office. Show all posts
Showing posts with label representative office. Show all posts

Tuesday, 14 February 2012

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)

Monday, 28 March 2011

BANKING - NEW DELHI: India may soon get its first foreign Islamic bank in Bank Asya

NEW DELHI: India may soon get its first foreign Islamic bank with the Reserve Bank of India (RBI) seeking government approval to allow Turkey’s Bank Asya to offer Shariah-compliant lending in the country. Shariah, or the Islamic law, bans interest on financing. Bank Asya is keen to start its Indian operations through a representative office in Mumbai. “So far the bank has only sought permission to open a representative office,” a finance ministry official said. “We are considering their application .” (source)