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Sunday, February 06, 2011

Fund manager sees tough year for Turkish banking - Arab News

"Fund manager sees tough year for Turkish banking

Avsar Sungurlu

By MUSHTAK PARKER | ARAB NEWS

Published: Feb 6, 2011 23:08 Updated: Feb 6, 2011 23:11

This year will be a difficult year for Turkish banking — both conventional and participation (Islamic) banking — although the latter will continue to grow in terms of market share of the total banking sector, says Avsar Sungurlu, assistant managing director of BMD Securities, one of the top fund managers and investment advisers serving the participation banking sector in Turkey."

More:Fund manager sees tough year for Turkish banking - Arab News