Fullani not guilty.
tial investors on assessing alternative strategic options for its Turkish unit Finansbank , the Turkish bank said in a statement to the Istanbul stock exchange yesterday. Last week sources close to the matter told Reuters Qatar National Bank, Turkey’s Garanti Bank and Fibabanka were interested in an anticipated sale of a Finansbank stake. In a statement of its own, Qatar National Bank (QNB), the Gulf Arab region’s largest lender, said yesterday it is holding preliminary talks to buy Finansbank. No “material developments” have yet taken place and QNB will make further announcements to the Qatari bourse regarding the possible acquisition if and when necessary, it said. Reuters reported in July that QNB was interested in buying at least part of Finansbank, citing sources. 3 billion euros and will send a larger team to the cash-strapped Mediterranean country, its president, Werner Hoyer, said. “We’re ready to significantly expand if economically resilient and viable projects are being developed,” he said. “This can range from innovation to tourism, one can imagine a lot, but it has to pay off.”
Albania’s former central bank governor was yesterday found not guilty of abuse of office over an employee’s theft of millions of dollars from the bank’s vault and the purchase of a central hotel for offices. The prosecutor’s office will appeal the decision, saying Ardian Fullani bears responsibility for not enforcing the rules of the supervisory board for the management of the vault and for preparing the hotel’s sale after the government set the price.