Thursday 18 April 2024
 
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Akbank

Citi sells stake in Turkey's Akbank for $1.2bn

Citigroup has sold its nearly 10 per cent stake in Turkey's Akbank for $1.2 billion, the US lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits. New York-based Citi has been paring ba

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Citigroup sells stake in Turkey's Akbank for $1.2bn

Citigroup has sold its nearly 10 per cent stake in Turkey's Akbank for $1.2 billion, the US lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits. New York-based Citi has been paring ba

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Invest AD eyes higher investment in Turkey

Invest AD, an Abu Dhabi financial services firm, which is looking to step up its investments in Turkey, has held meetings with over a dozen Turkish companies in Istanbul. The meetings were hosted by Akbank, a leading bank in Turkey, at its

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Akbank begins Dubai operations

Akbank, Turkey’s most valuable bank and company in terms of market capitalisation, has commenced the operations of its Dubai office at the Dubai International Financial Centre (DIFC). Akbank (Dubai) Limited is the first Turkish Bank to set

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Turkey's Akbank gets DIFC licence

Akbank, a leading bank in Turkey in terms of market capitalisation, has received a licence to operate from the Dubai International Financial Centre (DIFC). The Dubai office is named Akbank (Dubai) and is the first Turkish Bank to set up of

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