Showing posts with label yildiz. Show all posts
Showing posts with label yildiz. Show all posts

Wednesday, 27 June 2012

BANKING - Turkiye Finans Will Grow 25 Percent in 2012, Aksam Reports

www.bloomberg.com - Turkiye Finans Katilim Bankası AS, a Turkish bank that operates according to Islamic rules barring interest, will grow 25 percent this year, Aksam reported, citing Chief Executive Officer Derya Gurerk.
The shareholders are committed to increasing the bank’s capital to achieve a capital adequacy ratio that will support this rate of growth, Gurerk said, according to the newspaper.
National Commercial Bank of Saudi Arabia owns 64.7 percent of Turkiye Finans, Turkish Boydak Group 21.6 percent and Yildiz Group 13.7 percent.  (source)