Turkey not considering Vakifbank SPO before Halkbank: Babacan/NTV

ISTANBUL Mon Oct 22, 2012 3:57am EDT

Turkey's Deputy Prime Minister Ali Babacan is seen during his meeting with Finland's Prime Minister Jyrki Katainen (not pictured) at the Prime Minister's official residence, Kesaranta, in Helsinki April 2, 2012. REUTERS/Jussi Nukari/Lehtikuva

Turkey's Deputy Prime Minister Ali Babacan is seen during his meeting with Finland's Prime Minister Jyrki Katainen (not pictured) at the Prime Minister's official residence, Kesaranta, in Helsinki April 2, 2012.

Credit: Reuters/Jussi Nukari/Lehtikuva

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ISTANBUL (Reuters) - Turkish Deputy Prime Minister Ali Babacan said on Monday Turkey was not considering a secondary public offering (SPO) of state-owned lender Vakifbank (VAKBN.IS) before completing an SPO of another state-owned lender, Halkbank (HALKB.IS).

A Vakifbank offering is not currently on the agenda and will not be in the near future, Babacan said in an interview with broadcaster NTV.

(Writing by Seda Sezer)

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