| Kuwait Finance House in Turkey (KFH-Turkey) CEO Ufuk Iwan announced that the bank will gradually increase its capital by TRY 960 million to reach TRY 2.06 billion over two phases.
The first phase ends in May (TRY 600 million), while the second phase will end in May 2014 (TRY 360 million), according to a media statement. He added that the goal of increasing the capital is to support expansion plans and “establish a robust financial status, in addition to expanding in Turkey and overseas markets”...............................................Full Article: Source
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