Monday, November 22, 2010

Akbank Plans Bond Sale in Turkey By Year-End, Deputy CEO Says - Bloomberg

"Akbank Plans Bond Sale in Turkey By Year-End, Deputy CEO Says
By Ercan Ersoy - Nov 22, 2010 9:17 AM ET

Akbank TAS, the Turkish bank part- owned by Citigroup Inc., is planning to sell bonds in local market by the end of the year, deputy chief executive Hulya Kefeli said.

The bank is now “testing the market” for the bond sale, Kefeli said in an interview today in Istanbul. “Market appetite is very good,” she said."

mORE:Akbank Plans Bond Sale in Turkey By Year-End, Deputy CEO Says - Bloomberg