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07.05.2016
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The largest Bank of China is to be open in Turkey

The Bank of China opens its branch in Turkey. The order to open the bank branch was signed by the Turkish Council on Control and Regulation of the Bank Activity on the previous night. Turkish Minister of Economic Affairs, Mekhmet Shimshek, announced that the application to open the branch on behalf of the Bank of China is a very important indicator of international community’s interest in Turkey.

The Bank of China – BOC is one of the 7 largest banks in the word and third in size in China. The head office will be situated in Istanbul and the branches will appear in many Turkish cities.  According to the Law on Bank Activity in Turley the international bank begins its work during 9 months.

7.05.2016

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