Thursday 03, April 2014 by Matthew Amlôt

Moody’s: Qatar Islamic Bank purchase of BankAsya stake would be credit positive for BankAsya

Turkey’s BankAsya Katilim Bankasi A.S. (Ba1 review for downgrade, D/ba2 review for downgrade1) confirmed that it had entered into exclusive discussions with Qatar Islamic Bank (QIB, unrated) about QIB becoming a strategic shareholder with a management presence in BankAsya.

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