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ICBC takes over 75.5 pct stake in Turkey's Tekstilbank

Updated: 05 26 , 2015 09:19
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TURKEY-ISTANBUL-ICBC-ACQUISITION-TEKSTILBANK

Industrial and Commercial Bank of China Limited (ICBC) chairman Jiang Jianqing (L) introduces the board and management officers of Tekstilbank at the inauguration ceremony of the acquisition of Tekstilbank by ICBC in Istanbul, Turkey, on May 25, 2015. ICBC, world's largest bank, said here on Monday that it completed the acquisition of 75.5 percent stake in Tekstilbank from Turkish GSD Holding, making it the first business institution operated by a Chinese bank in the country. (Xinhua/He Canling)