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Turkish Sumerbank on Sale, Bids Until June 22

has put Sumerbank on sale and asked for bids to be submitted by June 22 in an announcement publish The Savings Deposit Insurance Fund (TMSF) in Turkey has put Sumerbank on sale and asked for bids ... and one excluding Sumerbank's affiliations.  According to the daily, bids will be evaluated ...

18/05/2010 - 18:27 - comment 0

Five Turkish banks merge under one roof

and Sumerbank—had attracted no serious interest when the Turkish Banking Regulation and Supervision Agency earlier ... that Egebank, Yurtbank and Yasarbank would be merged under Sumerbank, transferring all their activities ... were canceled, and their assets and liabilities were completely transferred to Sumerbank. – ...

15/08/2010 - 15:18 - comment 0

Turkey sells seized bank to army-run enterprise

on the sale and transfer of the shares of Sumerbank to OYAK was signed today (Thursday)," said ... that OYAK, which is run by retired military officials, planned to merge Sumerbank with its own bank, Oyakbank, by January 2002 at the latest. Turkey's banking watchdog took Sumerbank under control ...

15/08/2010 - 14:47 - comment 0

Turkey sees snags delaying two reform laws

completed the merger of Ulusal Bank into Sumerbank, part of a merger process announced earlier for banks ... together under Sumerbank. But Economy Minister Kemal Dervis's new financial program allows ...

15/08/2010 - 14:57 - comment 0

Possible foreign buyers found for two seized Turkish banks

to foreign private investors.     Recently, both Bank Ekspres and Sumerbank were bought ...

15/08/2010 - 14:46 - comment 0

Turkey places five more banks under state control

Sumerbank.    At the end of June, Bank Ekspres, one of the banks placed under supervision, was bought ...

15/08/2010 - 14:50 - comment 0

Turkey merges three bailed-out banks, closes down fourth

into a sixth one, Sumerbank.    Turkey, hit by a severe financial crisis in February, has pledged ...

15/08/2010 - 14:52 - comment 0

Ankara merges bankrupt banks

the banner of Sumerbank, the Banking Regulation and Supervisory Agency said, according to Anatolie news ...

15/08/2010 - 15:22 - comment 0