Saturday 12 March 2011

BANKING - Turkish Equity Movers: Bank Asya ... Move

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Asya Katilim Bankasim AS (ASYAB TI), an Islamic bank, rose 2.8 percent to 2.96 liras, the highest level in two months. The lender said in a statement to the Istanbul Stock Exchange today that it hadn’t decided to sell a stake or didn’t hire an investment bank to find a buyer. Reuters reported on March 9 HSBC Holdings Plc had been hired to find a Turkish partner for a foreign bank, and the Haberturk newspaper said yesterday Qatar Islamic Bank wants to buy a 25 percent stake in the Asya.
Source : http://www.bloomberg.com/news/2011-03-11/turkish-equity-movers-componenta-nurol-park-elektrik-move.html March 11, 2011