Istanbul Finance Center becomes attraction point for foreign banks
The efforts Turkey has been spending to make Istanbul a finance hub has obviously started to pay of as this city has been receiving huge demand from foreign banking institutions seeking to secure a place in the Istanbul Finance Center (IFC).
It is reported that “Ministry of Environment and Urbanization” has been busy lately dealing with renewed interest from such foreign finance institutions especially after Turkey’s Central Bank, along with the head offices of the country’s governing bodies of financial markets and state-owned banks, became involved in referred project.
It has also been reported that lenders from the UK, the Middle East and the Far East have been displaying their close interest as many have already applied to the Ministry for working space in the region’s financial services hub under construction.
The center aimed to be the biggest and most modern in the whole Middle East region will be built on 2,500,000 square meters of land and offer a variety of office spaces, residences, conference halls, as well as a shopping mall and a hotel.
25.03.2013
SOURCE: MEDIA
