"Increased interest in Turkey's financial sector
Time of failed efforts to lure overseas investment may be over
By Agence France Presse (AFP)
Monday, April 18, 2005
ANKARA: A marked rise of foreign interest in Turkey's once ailing financial sector has raised hopes that the country's EU bid and spectacular economic recovery may end years of failed efforts to lure overseas investments. The Dutch-Belgian banking group Fortis made the headlines this week when it said it would pay a total of $1.3 billion for a 89.3 percent stake in the medium-sized Disbank and make a public offer for the remaining shares."
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