Monday, December 05, 2005

Banking: Greece and Turkey to establish first joint bank

The semi-official Greek news agency Ana, has reported that business leaders have agreed to set up a joint bank said to be the first to operate in both Greece and Turkey.

According to the report the Aegean Business Bank will initially operate in Athens and Izmir, with plans to expand later to Ankara, Istanbul, the port of Piraeus and Salonika.

Turkish Press: Greeks, Turks set up first joint bank