7/30/2008

Privatization strategy for Ziraat to be determined after Halk Bankasi sale

Today’s Zaman - The method and procedures for the privatization of Turkey's largest public bank, Ziraat Bankasi, will be determined based upon the experience gained from the sale of Halk Bankasi, another large public bank, Minister of State and Deputy Prime Minister Nazim Ekren said. Ekren, who is responsible for coordinating the management of the economy within the Cabinet, pointed out to a current law on privatization that obligates the government to complete all sales by 2010 at the latest.

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