Daily Business Wrap - Emirates NBD has acquired Turkey's Denizbank for $2.8 billion

Gulf News 2025-02-12

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Emirates NBD has acquired Turkey's Denizbank for $2.8 billion, revised down from the $3.2 billion it had agreed to earlier. The UAE's second largest bank will take over at the Turkish lender, as it looks to tap in to Turkey's 80 million, largely young and underbanked, population. Elsewhere, a range of cryptocurrencies surged on Wednesday in response to bitcoin's rise the day before. Daily headlines from the UAE and around the world brought to you by Gulf News. See more at: http://gulfnews.com/videos

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