BRIEF-Yapi Kredi decides to sell a NPL portfolio of 546.0 mln lira for 27.1 mln lira
* SELLS NPL PORTFOLIO OF 546.0 MILLION LIRA AS OF APRIL 30 FOR 27.1 MILLION LIRA Source text for Eikon: Further company coverage: (Gdynia Newsroom)
ISTANBUL, April 19 The Saudi-based Islamic Development Bank (IDB) is in talks with Turkey's Istanbul Bourse to buy a stake, the bourse chairman said on Wednesday, adding that they wanted to complete the negotiations by year-end.
Speaking to Reuters on the sidelines of a news conference, Himmet Karadag also said that once the talks with IDB are completed the Istanbul Bourse aimed to look into the possibility of an IPO. (Reporting by Can Sezer; Writing by Humeyra Pamuk; Editing by Daren Butler)
(The following statement was released by the rating agency) DUBAI/LONDON, June 22 (Fitch) Any potential credit rating implications for sukuk arising from Dana Gas's attempt to have its mudaraba sukuk declared unlawful will take time to emerge, and their scope and impact are likely to remain unclear until all relevant proceedings are resolved, if they ever are, Fitch Ratings says. We believe our current assumption that sharia compliance typically does not have credit implications for Fitch-rated