Digital

Termination of exclusivity agreement between QIB and Bank Asya

QP

QIB Press

Digital Desk

Aug 10, 2014 | 8 Minutes

News image showing head office building exterior view.

Qatar Islamic Bank (“QIB”), Qatar’s leading Islamic bank, confirms that the exclusivity agreement relating to discussions to acquire a strategic stake in Bank Asya, the largest participation (Islamic) bank in Turkey, announced on 25 March 2014 has been terminated. Turkey remains a target market for QIB and its international expansion strategy.

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