Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Qatari bank still in talks for Turkey’s DenizBank

Posted on 30 January 2012

Qatar National Bank says it remains in merger talks with the Turkish division of troubled Franco-Belgian lender Dexia, though no deal has been reached yet. Qatar’s sovereign wealth fund, the Qatar Investment Authority, controls QNB through a 50 per cent stake.
Chairman Yousef Kamal told reporters gathered for a bank meeting Sunday that the state-backed lender would consider taking over DenizBank if the price is right. He didn’t elaborate………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15619 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031