Posted on 14 February 2011
Turkey’s Ziraat Bank ready to go public
The “go ahead” has been given for the initial public offering (IPO) for Turkey’s largest bank. The preliminary works for the IPO of Ziraat Bank, currently the market leader with assets worth TRY 125 billion, have begun according to the Undersecretary of Treasury Ibrahim Canakci. The presentation published on the website of the Undersecretariat of Treasury informed that the IPO of Ziraat Bank is likely and that the final decision will be taken according to the market conditions.