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Lebanese bank to open 50-60 branches in Turkey

04 March 2012

Lebanese lender, Bank Audi has unveiled plans to open between 50 to 60 branches in Turkey within a few years, and its priority in the Turkish market will be corporate and commercial banking, The Daily Star has reported. "Within a few years we aim to reach 50-60 branches, mainly in big cities ... we plan to have around 15 branches in Istanbul," said the bank's chief financial officer, Freddie Baz, adding the first branch is to be opened in the third quarter of this year. Bank Audi has presence in 10 countries.

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