Central Bank of Bahrain Denies Cancelling License of Turkish Bank

2018-03-26 - 9:56 p

Bahrain Mirror: The Central Bank of Bahrain (CBB) denied that it had cancelled the license of Turkiye Is Bankasi AS, a conventional wholesale bank (branch) licensed in Bahrain.

The CBB said in a statement that the news is false and baseless, confirming that the branch is operating normally in Bahrain.

Al-Bilad newspaper published a news stating that CBB governor Rashid Al-Miraj had cancelled the bank's license.

The Saudi and Turkey views varied after Istanbul's stance that rejects measures taken by countries boycotting Qatar.

Arabic Version

 


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