First Abu Dhabi Bank explores potential acquisition of Yapi Kredi Bankasi in Turkey for overseas growth.

First Abu Dhabi Bank (FAB), the UAE's largest lender, is exploring potential acquisition targets in Turkey, including Yapi Ve Kredi Bankasi AS, as part of its overseas growth strategy. The bank has held early discussions with Turkish bank owners, evaluating the possibility of acquiring Yapi Kredi, currently valued at $7.6bn. The deliberations are preliminary and there's no certainty that FAB will pursue a deal.

April 05, 2024
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