BANK FOR SALE IN TURKEY

DEPOSIT AND CREDIT BANK LICENCE FOR SALE IN TURKEY At 1954, he started his banking operations under the name of "...... Credit Bank".(Deposit and Credit banking) During the year 1983, with the decision of Council of Ministers, his banking operations were aborted due to his debts to the Associations of Banks. The owner of the bank has paid all his debts to the Associations of Banks and in order to get his banking license back, he brought the case to the suit. At the year 2006, the court has gave a case date to the 19 th of Novamber 2007 to give their final decision together with expert witness in favor of the owner of the bank. The owner of the bank will take back his banking license again on the 19th of Novamber 2007. According to the Republic of Turkey Laws, a court decision must be approved in 30 days. After completing these legal period, the owner of the bank will again have the rights of opening a bank, operating in banking sector and collecting deposit from depositors. And then the owner of the bank is thinking about selling his banking license after that. In Turkey, Council of Ministers approval and minimum 250,000, 000.00 USD capital is required for a person to be the owner of a bank. These will make for buying procedure; We will make general counsil of the bank and get it ready for transfer Who will buy the bank would have to be skilled person or association as bank laws.Also capital of the bank have to be increased for 120.000.000USD,and thise money have to paid to the company by new partners. After these two conditions is done we will take the permission set to rights for the bank