INTERBANK

Interbank

İnterbank A.Ş is a defunct Turkish bank. Founded in 1888 in Selanik as the Selanik Bankası T.A.Ş., it moved to Istanbul in 1912 and was renamed Uluslararası Endüstri ve Ticaret Bankası in 1969. It was privatized in 1978, and renamed Interbank A.Ş. in 1990 after it was taken over by Çukurova Holding. Çukurova sold its majority stake to Cavit Çağlar's Nergis Holding in 1996. It was taken over by the government's TMSF on 7 January 1999, merged with Etibank, and went into liquidation on 2 July 2001.

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interbank

Adjective

  1. Of, pertaining to, or taking place between two or more banks


The above text is a snippet from Wiktionary: interbank
and as such is available under the Creative Commons Attribution/Share-Alike License.

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