Bidding for Finansbank, Chinese Version Case Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: April 21, 2016
Due to the increasing Greek crisis, in October 2015, National Bank of Greece (NBG) was needed to offer among its greatest important possessions, Finansbank, the 8 biggest Turkish bank. There were 3 possible purchasers: Garanti Bank. Turkey's 2nd biggest personal bank, which was operated by the Spanish bank BBVA; Qatar National Bank, with a solid footprint in the Middle East; and a personal equity consortium direct by Finansbank's previous operator and creator Husnu Ozyegin. The character of the winning prospective buyer would be seriously crucial to the to the near future of Finansbank and its workers. Who is most likely to the bidding process and will the victor be best for Finansbank's future?
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