Turkey segment of ABN Amro sale completed
A consortium composed of the Royal Bank of Scotland (RBS), Belgian Fortis bank and Spanish Banco Santander had previously appealed to take over Dutch bank ABN Amro's six branches in Turkey, but the request was initially rejected by the Banking Regulation and Supervision Agency (BDDK) due to security concerns. According to the Sabah daily, 2008 yearend intelligence reports showed that Barclays had cancelled the PKK accounts, and the takeover was approved by the BDDK. During a recent visit to Turkey, British Prime Minister Gordon Brown was told by his Turkish counterpart, Recep Tayyip Erdoğan, that there were some banks transferring money to the PKK in Europe, and Brown responded that they had decided to ban such activities. The BDDK had previously rejected the handover of Turkish A Bank to Greek Alpha Bank due to similar security concerns.
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