Turkish Bank Asya

Loyal depositors shoulder Turkey's Bank Asya

Bank Asya clients are battling help the Turkish lender against what they say is a government-orchestrated bid to scuttle it. Turkish social networking sites are full of customer’s notices to raise funds to “Save Bank Asya from sinking!” The Islamic lender has more than a million deposit-holding customers and 282 branches. President Recep Tayyip Erdo?an targeted it as part of his attacks on the Islamic cleric Fethullah Gülen. Erdo?an has long accused Gülen - now based in the United States - of seeking to overthrow him.

Turkey's Bank Asya to issue sukuk worth up to 150 mln lira

On Thursday Turkish Islamic lender Bank Asya said it had mandated investment bank Is Yatirim for a sukuk issue worth up to 150 million lira with a one-year maturity.

More on: http://in.reuters.com/article/2012/09/27/bankasya-sukuk-idINL5E8KRCSF201...

Turkish Bank Asya launches US$150m Islamic loan

Turkish Islamic lender Bank Asya has appointed ABC Islamic Bank, National Bank of Abu Dhabi, Noor Islamic Bank and Standard Chartered Bank as initial mandated lead arrangers and bookrunners for a US$150m syndicated dual currency murabaha financing.



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