BANKING - Foreseeing quick profits, Bank Asya decides to open 15 new branches

www.sundayszaman .com - Bank Asya General Manager Abdullah Çelik has said Turkey's largest Islamic participation bank will significantly increase the number of new branches to be opened this year.
 

Speaking to a group of reporters on the sidelines of a luncheon conference in Washington, D.C., on Thursday, Çelik said the bank is set to open 40 new branches -- equal to 20 percent growth -- by the end of 2012. The bank earlier said it planned to open 25 new branches this year. “We trust in Turkey,” he said, when asked to name the motive for the change.  (source)

OPINION - Balkans between two worlds: Turkey and Europe

sundayszaman.com - ... Turkey has long been in the banking industry of Bulgaria, Serbia, Bosnia, Albania and Macedonia. For instance, Ziraat Bankası and IK Bank (a sister company of Halk Bank) are well-established banking systems in Macedonia, while TEB (Türk Ekonomi Bankası) is already among the key players of Kosovo’s banking industry. BKT is the second leading bank in Albania in terms of banking facilities, investments, loans and financial capacity, and, according to its CEO, Albaraka Türk will open its first bank in Albania later this year.... (source)

BANKING - Kimse Yok Mu to send aid packages to 55 countries during Ramadan (Bank Asya)

The Turkish charity foundation Kimse Yok Mu (Is Anybody There) will be offering aid packages to 55 countries around the world, as well as providing aid to thousands of people across Turkey.

Planning to help the poor all around the world, the charity foundation is currently seeking donors to participate in their campaign to send aid to people in need during the month of Ramadan. Kimse Yok Mu Chairmen Ünal Öztürk has announced the foundation’s Ramadan 2011 campaign, saying that Ramadan is the month of brotherhood and sharing and the foundation will do its best to help people from Turkey and 55 other countries around the world through food packages. (source)

BANKING - Bank Asya becoming a strong, reliable brand

Established in 1996 on the principles of supporting production while complying with the requirements of interest free banking, Bank Asya today has a prominent position thanks to strong profitability and world class service as well as an innovative approach in the market. (full story)