Rabobank buys into Sekerbank in Turkey
Rabobank executive board member Harry de Roo has said the boom in the Turkish economy was a motivation to invest in the Turkish economy. The Dutch finance giant Rabobank had bought a 36.5 percent share in Sekerbank. The Dutch bank found the economic developments in Turkey positive building their confidence in the economy. De Roo observed, "The downward spiral in the interest rates and inflation and the improvements in the macroeconomic parameters all build confidence and health in the economy. From mortgage and loaning to the potential in the agricultural sector, but foremost the young demography, all encouraged us to invest in the Turkish finance sector."
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