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Turkish banking watchdog approves Finansbank sale to Qatar National Bank

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Turkish banking watchdog approves Finansbank sale to Qatar National Bank

said April 7 thatTurkey's Banking Regulation and Supervision Agency the of the 99.81% stake held byNational Bank of GreeceSA, NBGI Holdings BV and NBG Finance (Dollar) Plc in Finansbank to .

NationalBank of Greece, NBGI Holdings and NBG Finance (Dollar) hold 82.23%, 7.90% and9.68% in Finansbank's capital, respectively. Following the , National Bank of Greece andits units will no longer have a stake in the Turkish lender.