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Report: Bank of China gains approval to start Turkish operations

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According to Market Intelligence, April 2023


Report: Bank of China gains approval to start Turkish operations

The Turkish banking regulator BDDK gave the go-ahead to establishoperations in Turkey, Reuters reported May 3, citing a senior official of theregulator.

The official said the lender is aiming to set up itsoperations within nine months, while the headquarters will be located inIstanbul.