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Stanbic - Standard Bank completes the acquisition of Ulusal Yatirim Menkul

Release Date: 18/01/2002 16:00
Code(s): SBK
Wrap Text
Kiymetler AS
STANDARD BANK INVESTMENT CORPORATION LIMITED
(Registration No. 1969/017128/06)
Alpha Code: SBC
ISIN Code: ZAE000014858
("Stanbic")

Standard Bank completes the acquisition of Ulusal Yatirim Menkul Kiymetler AS
SBIC Investments S.A, a subsidiary of Stanbic, has completed the purchase of Ulusal Yatirim Menkul Kiymetler AS, a Turkish securities intermediary and a member of the Istanbul Stock Exchange. The acquisition will enable the Standard Bank Group to participate directly in the Turkish capital markets and to offer Turkish investors a broad range of international products. The Standard Bank Group has been represented in Turkey since 1999. For more details, please contact: London Martin Botha Executive Director Tel: +44 (0)20 7815 3021 Email: martin.botha@standardbank.com Istanbul Scott Branch General Manger Standard Bank London in Turkey Tel: +90 212 327 2919 Email: scott.branch@standardbank.com OR Omer Ozyurek General Manager Ulusal Yatirim Menkul Kiymetler AS Tel: +90 212 327 2919

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