8/15/2008

Bank Julius Baer will open a representative office in Istanbul

Reuters - Switzerland’s leading bank, Bank Julius Baer has announced that they have received authorization from the Banking Regulation and Supervision Agency (BRSA) to open a representative office in Istanbul. Bank authorities stated that this progress is an indication of the importance Bank Julius Baer gives to its growth strategy in the region. Bank Julius Baer will seek for investment possibilities in the region and in Turkey through the representative office which will start operating by the end of the year.