Kuwait's NBK eyes stake in Turkish bank

07 April 2010

Ibrahim Dabdoub, CEO of The National Bank of Kuwait, has said the lender is considering buying a stake in Turkey's Garanti Bank, Reuters has reported. 'NBK wants to expand in Turkey, a country that has a lot of potential,' he was quoted as saying. 'We need to have a stronger presence there... One of the options is a share in Garanti Bank.'

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