Bank Audi Gets First Turkish Banking Permit in 12 Years
October 28, 2011, 5:12 AM EDT
By Ali Berat Meric and Steve Bryant
(Updates with comments from regulator in fourth paragraph.)
Oct. 28 (Bloomberg) -- Turkey’s banking regulator gave a license to Lebanon’s Bank Audi Sal-Audi Saradar Group to set up a bank, the first such permission in more than a decade.
More:Bank Audi Gets First Turkish Banking Permit in 12 Years - Businessweek