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Tuesday, August 28, 2012

Finansbank Sees Credit Card Gain as Turkey Rivals Disappear - Bloomberg

Finansbank Sees Credit Card Gain as Turkey Rivals Disappear
By Sibel Akbay and Benjamin Harvey - Aug 28, 2012 3:57 PM GMT+0200

Finansbank AS (FINBN), the Turkish bank owned by National Bank of Greece, expects credit card revenue to gain 20 percent by the end of the year as narrowing margins and tighter regulation force competitors to exit the business.

More:Finansbank Sees Credit Card Gain as Turkey Rivals Disappear - Bloomberg