Speaking at a press conference in Istanbul, Yahsi said that Albaraka Turk was in the process of expanding overseas, with the Balkans as a prime target as the region has little in the way of Islamic banking. Concerning the markets Albaraka Turk was thinking of moving into, he said: “One is Bosnia and the other is Albania”.
He did stress this would have to be in partnership with a local institution, he said: “Regarding a partnership, this is still in the project phase. We haven’t started official talks yet, but this is the type of initiative we are interested in.” (full story)
