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4/4/11

Turkish top banker resigns after criticizing minister

The general manager of Turkish lender Isbank announced his resignation here on Thursday just two days after reacting to a provocative statement from the Turkish state minister for the economy, APA reports quoting Xinhua News Agency.

Ersin Ozince said at a press conference that he is also leaving his job as the chairman of the Turkish Banks Association. The new director general of the bank might be appointed in April.

The resignation came after an exchange of tense words with State Minister Ali Babacan, who said that the government "does not wish to take police-type measures" against banks that do not limit loan growth.


For more: APA - Turkish top banker resigns after criticizing minister

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