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Turkey takes over Islamic lender Bank AsyaTurkish authorities said they had decided to take over Bank Asya, the Islamic lender caught up in a feud between President Tayyip Erdogan and US-based Muslim cleric Fethullah Gulen. The move was announced by the banking watchdog B More… |
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QIB in talks to buy stake in Turkey bankQatar Islamic Bank (QIB) has entered into exclusive discussions to acquire a stake in Turkey's Bank Asya, the Qatari lender said in a statement. "QIB is seeking to finalise the transaction within the next few months, subj More… |
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Turkey's Asya bank in $250m Islamic bondTurkey's Bank Asya has raised $250 million through a 10-year non-call five subordinated Islamic bond, according to one of the lead managers. The notes priced at par to yield 7.5 per cent, in line with initial price thoughts of More… |
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Turkish bank plans to issue $300m sukukTurkey's largest Islamic lender Bank Asya plans to issue a dollar-denominated sukuk, or Islamic bond, of around $200-$300 million within the next two to three months, chief executive Abdullah Celik said. The Islamic lender wil More… |
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NIB closes $300m Murabaha facility for Bank AsyaDubai-based Noor Islamic Bank, as initial mandated lead arranger and book runner with ABC Islamic Bank, National Bank of Abu Dhabi and Standard Chartered Bank, has closed a $300-million dual currency Murabaha facility for Turkey’s Bank Asya. More… |
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$75m Murabaha facility for Turkish bankABC Islamic Bank, along with Noor Islamic Bank and Standard Chartered Bank, have been mandated by Turkey’s Bank Asya to arrange a $75 million (and/or equivalent in Euros) syndicated dual currency Murabaha financing facility. The facility w More… |
