Recently, Rabobank International finalised
its deal to acquire a majority stake in the
Turkish Sekerbank. The acquisition
provides us with a foothold in the
Turkish retail banking market,
which forms part of a booming
economy built on a series
of prudent economie
reforms.
'I view the Turkish market favourably,' says Harry
de Roo, Head of Rabobank Internationals (RI's)
International Retail activities and member of the
Managing Board. 'The economy is growing
rapidly and the country has a population of
around 70 million, which is comparable to other
large European countries.The International
Monetary Fund's involvement in Turkey and the
possibility of European Union membership in
years to come are fuelling the process of reform,
The Word fl 17
