6/30/2008

Qatari bank eyes Turkish market

Bloomberg - Qatar Islamic Bank (QIB) has launched talks with a bank in Turkey over entering the Turkish market, QIB's CEO has stated. CEO Salah al-Jaidah told the Financial Times that QIB is now looking to acquire an institution in Turkey in an effort to take advantage of opportunities for growth there and across Central Asia, while also considering Egypt as a base for North Africa.

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