5/26/2010

ING aims to become 5th largest corporation in the Turkish banking sector

 

Hurriyet – The Dutch banking corporation ING is aiming for a place on the list of the “Top 5” corporations in Turkey’s enviable banking sector. ING Bank Turkiye’s CEO Wilfred Nagel said the growth potential in Turkey is very high when compared with Europe. “Having entered Turkey by acquiring Oyak Bank in 2007, ING Bank considers Turkey as one of the two key markets with substantial growth potential”, said Nagel, adding that ING Bank intends to utilize the country’s potential to the fullest and to grow alongside Turkey. “We believe in Turkey, and our investments in line with our strategic roadmap will continue” Nagel added.

Turkey; growth potential; banking sector; finance industry; Oyak Bank; ING Bank Turkiye; Wilfred Nagel; acquisition; banking investment

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