Bank Asya predicts 15 pct growth for 2012
ISTANBUL - Anatolia News AgencyTurkey’s Bank Asya foresees 15 percent growth in 2012, especially in private banking and Small Medium Enterprises (SME), according to Bank Asya General Manager Abdullah Çelik.
The bank also wants to open 25 new branches this year, to reach 300 branches by 2015, and wants to expand its operations to India, Northern Iraq, Africa and the Balkans.
“We want to expand our operations in Africa. Our joint ventures in the region reached nearly 250 million euros by the end of 2011,” said Bank Asya Assistant General Manager Ahmet Beyaz.
Beyaz said they were going to open a Bank Asya branch in Arbil Northern Iraq in two months and were already exploring options in the Balkans especially in Kosovo, Bosnia, Albania, and Macedonia. Çelik said Bank Asya had also received authorization to open a representative office in India.