Business news from Ukraine

TURKISH BANK PLANS TO ENTER UKRAINE

The Turkish state-owned Ziraat Bank (Ziraat Bankası) has discussed the possibility of entering the Ukrainian market by the bank with UkraineInvest, the Ukrainian government’s investment promotion office, UkraineInvest’s press service has reported.
“The UkraineInvest team met with representatives of Ziraat Bank of the Republic of Turkey, who are considering the possibility of the bank entering the Ukrainian market. During the meeting, the participants discussed the investment climate in Ukraine and further steps of organizational and advisory support from UkraineInvest for the investment intentions of Ziraat Bank,” the press service said.
Ziraat Bank is one of the largest banks in the Republic of Turkey, founded in 1863. The bank operates in 115 locations in 17 countries around the world. The main financial services of the bank are the issue of corporate and retail loans, foreign trade and investment financing, structured finance, international transfers and treasury operations.

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