Turkish Oyak Bank for Sale

Emil Lazarian News

AZG Armenian Daily #118, 23/06/2007

International Finance

TURKISH OYAK BANK FOR SALE

The symbol of Turkish Army’s might in Turkish economy Oyak bank is put
up on sale, Turkish National Television informs.

Dutch financial institution ING Group, which is the thirteenth in the
list of financial giants of the world, announced that it would buy
Turkey’s Oyak bank for 2.673 billion dollars. The sides reached an
agreement. The offered sum set a record in Turkey.

In contrast to Turkish National Television, Turkish newspapers
mentioned that the deal was already concluded on June 19.

By the way, Oyak bank is the partner of French Aksa bank and in spite
of the pressure for the recognition of the Armenian Genocide in France
Oyak bank didn’t stop its cooperation with Aksa.

By Hakob Chakrian

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS