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Turkey committed to boost participation banking sector

Posted on by bankinglawblog in acquisitions, Banking News, Capital Markets, China, Consumer Banking, Equity Finance, Finance, Forex, Global Finance, Investments, Iran Turkey, Islamic Finance, M&A, Mergers, Online Banking, Publications, Scoop.it, Turkey Economy, Uncategorized, Venture Capital, World Banking

Turkey aims to be one of largest hubs for the participation banking sector, Deputy Prime Minister Mehmet Simsek said on Monday. Participation banking in Turkey commonly refers to Islamic finance, which requires interest-free lending.

Sourced from: www.gatewayturkey.com

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