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Wednesday, October 15, 2014

Istanbul skyscraper casts shadow over Greece's banking ambitions

Istanbul skyscraper casts shadow over Greece's banking ambitions

By Maria Petrakis & Isobel Finkel

Istanbul’s Crystal Tower is a 35- story symbol of diverging fortunes.

Due for completion next year, the 303 million-euro ($383 million) glass diamond-shaped skyscraper will be the headquarters of Finansbank AS in the biggest city of a country whose economy has more than doubled in the past decade. For the Turkish bank’s Greek owner, National Bank of Greece SA, it reflects what might have been.

More:ekathimerini.com | Istanbul skyscraper casts shadow over Greece's banking ambitions