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Athens News Agency: News in English, 10-05-14

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek banks to expand activities in Turkey

  • [01] Greek banks to expand activities in Turkey

    (ANA-MPA) -- National Bank of Greeceās (NBG) presence in Turkey, through its subsidiary Finansbank, continues developing without any problems, despite an international crisis that affected the neighbouring country as well, Agis Leopoulos, NBG director general responsible for International Activities, told a Greek-Turkish Business Forum on Friday.

    In its address, Leopoulos said Finansbank was currently the fifth largest private bank in Turkey and continues growing, operating a branch network of 460 units and almost fully covering the country geographically, while it contributed 46 pct of National Bankās profitability.

    Eurobank clearly intends to further expand activities in Turkey through its subsidiary Eurobank Tefken, by exploiting new opportunities in the country, George Marinos, Eurobankās director general, told the business forum.

    Marinos said the bank planned to raise its branch network with the addition of 25-30 new units annually and to actively support Greek businesses investing in Turkey.

    Ziraat Bank is satisfied with its business activity in Greece and plans new investments and expansion in Thessaloniki and Xanthi, the bankās director general in Greece, Oznur Ozenis, told the forum. He urged Turkish business people to invest in Greece. (ANA-MPA)


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