Turkey’s Wealth Fund to Take Over Ziraat, Halkbank Islamic Units
Turkey’s state-run lenders Ziraat Bankasi and Halkbank applied for regulatory approval to transfer their Islamic banking units to a Turkey Wealth Fund subsidiary TVF Katılım Finans Yatırımları AS, according to public filings.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.