Turkish Khalq Bank Fulfills Transactions, Co-op With Iran

Ankara, Aug 7, IRNA – Turkish Deputy Prime Minister Ali Babacan said that Khalq Bank of Turkey fulfills transactions and cooperation with Iran incessantly. He told a live Turkey TV program that Khalq Bank is a state-run bank which sustained losses after the scandal conspiracy against the high echelon of the government last December, which triggered a serious shock in Turkish politics and economy. Despite the allegations made against the bank, it keeps up with banking cooperation with Iran as a credible institute, Babacan said, noting that Iranˈs financial affairs with the bank continue unabated./end