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Islamic Finance Briefing - Categorized | Banking, Investment more

Maybank not keen on equity stake in Turkish bank

Posted on 16 November 2009

From Btimes.com.my: Top lender Malayan Banking Bhd (Maybank) (1155) is open to collaborating with Turkey’s Bank Asya in areas like trade finance but is not interested in taking up an equity stake, its chief said.
“It is not our intention at this moment to look at any equity investment in Turkey. Our focus remains in Southeast Asia and, South Asia to some extent,” its chief executive officer Datuk Seri Abdul Wahid Omar told reporters yesterday on the sidelines of the Kuala Lumpur Islamic Finance forum……………………..Full Article: Source

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