Financial and Banking News

REGIONAL BANKING

Egypt and Turkey Plan Joint Investment Bank 

According to the Turkish Minister of Industry and Commerce Cahit Aral, Egypt and Turkey have set up a committee to prepare for the establishment of a joint-venture investment bank to promote projects between the two countries. The Turkish government is planning to have one of its largest private banks, Turkiye Is Bankasi, participate in the venture, and the committee is to finalize the structure...