Albaraka Turk works to secure $150 mln subordinated loan

ISTANBUL Fri Feb 22, 2013 3:05am EST

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ISTANBUL Feb 22 (Reuters) - Albaraka Turk is working on securing a $150 million subordinated loan from international markets, the bank's general manager Fahrettin Yahsi told Reuters on Friday.

Albaraka Turk is the Turkish subsidiary of Bahraini lender Al Baraka Bank.

(Reporting by Ebru Tuncay)

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