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Saturday, October 21, 2017

Turkey Wealth Fund Shows Signs of Life as It Seeks Foreign Loan - Bloomberg

Turkey Wealth Fund Shows Signs of Life as It Seeks Foreign Loan
By Kerim Karakaya
and Ercan Ersoy
October 20, 2017, 9:59 AM GMT+2 October 20, 2017, 11:39 AM GMT+2

Turkey’s sovereign wealth fund has approached international banks including China’s ICBC for a loan, people with knowledge of the matter told Bloomberg, showing its first signs of life after more than a year of inactivity brought on by internal disputes over its strategy and management.

More:Turkey Wealth Fund Shows Signs of Life as It Seeks Foreign Loan - Bloomberg