| 05.07.2011 - Turkey seizes Libya Foreign Bank Arab-Turk bank stake |
| Turkey's state Savings and Deposit Insurance Fund (SDIF) has seized Libyan Foreign Bank's shares in Turkey's Arab-Turk bank, Turkey's banking regulator said in a statement on Monday. Libyan Foreign Bank holds 62.37 percent of Turkish Islamic lender Arab Turk bank. The move is part of U.N. sanctions against the government of Muammar Gaddafi..............................................Full Article: Source |