Millennium may sell Turkish unit
Güncelleme Tarihi:
Reuters
Oluşturulma Tarihi: Ocak 23, 2009 00:00
LISBON - Portugal's largest-listed bank, Millennium, is analyzing a sale of Turkish unit Millennium Bank as part of a strategy to focus on priority markets.
The Turkish unit is a small commercial bank with 16 branches, fully-owned by Millennium.
"The bank has initiated, with the support of external advisors, a process to ascertain the different options, including the possible disposal of the participation in relation to Millennium Bank in Turkey," Millennium said Wednesday.
"The bank has initiated, with the support of external advisors, a process to ascertain the different options, including the possible disposal of the participation in relation to Millennium Bank in Turkey," Millennium said Wednesday.