Identifier
Created
Classification
Origin
08ANKARA277
2008-02-14 05:44:00
SECRET
Embassy Ankara
Cable title:
TURKEY: BANK MELLI ATTEMPT TO PURCHASE A TURKISH
how-toVZCZCXRO7726 PP RUEHBC RUEHDE RUEHDIR RUEHKUK DE RUEHAK #0277 0450544 ZNY SSSSS ZZH P 140544Z FEB 08 FM AMEMBASSY ANKARA TO RUEHC/SECSTATE WASHDC PRIORITY 5229 INFO RUCNIRA/IRAN COLLECTIVE PRIORITY RUEHIT/AMCONSUL ISTANBUL PRIORITY 3875 RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
S E C R E T ANKARA 000277
SIPDIS
SIPDIS
ANKARA PASS TO ADANA
EUR/SE FOR PMALIK, ISN FOR KMCGEEHAN
E.O. 12958: DECL: 01/17/2018
TAGS: KNNP MNUM IR TU EFIN
SUBJECT: TURKEY: BANK MELLI ATTEMPT TO PURCHASE A TURKISH
BANK
REF: A. STATE 5584
B. 2007 ANKARA 2777
C. 2007 STATE 153725
Classified By: Acting Econ Counselor Courtney Turner for reasons 1.4 (b
,d)
S E C R E T ANKARA 000277
SIPDIS
SIPDIS
ANKARA PASS TO ADANA
EUR/SE FOR PMALIK, ISN FOR KMCGEEHAN
E.O. 12958: DECL: 01/17/2018
TAGS: KNNP MNUM IR TU EFIN
SUBJECT: TURKEY: BANK MELLI ATTEMPT TO PURCHASE A TURKISH
BANK
REF: A. STATE 5584
B. 2007 ANKARA 2777
C. 2007 STATE 153725
Classified By: Acting Econ Counselor Courtney Turner for reasons 1.4 (b
,d)
1. (S) A January 28 visit by Treasury Under Secretary Stuart
Levey gave us the opportunity to share Ref A points widely
with appropriate parties in the Turkish Government, including
Treasury Minister Mehmet Simsek, Finance Minister Kemal
Unakitan, MASAK President Adnan Erturk, and Ministry of
Foreign Affairs Security Affairs Director General Hayati
Guven. In separate meetings in late January and early
February, we delivered Ref A points to Banking Regulation and
Supervision Agency Chairman Tevfik Bilgin, Ministry of
Foreign Affairs Iran Director Devrim Ozturk, and had further
discussion of points with MASAK's Erturk. All parties
thanked us for the information and agreed to share it with
relevant agencies promptly.
2. (S) BRSA's Bilgin advised both us and the MFA that he is
not aware of a purchase offer from Bank Melli for Adabank,
although he did meet with a visiting Iranian delegation in
September 2007 that was looking into the Turkish financial
market. Since Adabank is under supervision of the Securities
Deposit Insurance Fund, Erturk suggested we also share the
points with the SDIF. Our consulate in Istanbul plans to
undertake that demarche.
Visit Ankara's Classified Web Site at
http://www.intelink.sgov.gov/wiki/Portal:Turk ey
WILSON
SIPDIS
SIPDIS
ANKARA PASS TO ADANA
EUR/SE FOR PMALIK, ISN FOR KMCGEEHAN
E.O. 12958: DECL: 01/17/2018
TAGS: KNNP MNUM IR TU EFIN
SUBJECT: TURKEY: BANK MELLI ATTEMPT TO PURCHASE A TURKISH
BANK
REF: A. STATE 5584
B. 2007 ANKARA 2777
C. 2007 STATE 153725
Classified By: Acting Econ Counselor Courtney Turner for reasons 1.4 (b
,d)
1. (S) A January 28 visit by Treasury Under Secretary Stuart
Levey gave us the opportunity to share Ref A points widely
with appropriate parties in the Turkish Government, including
Treasury Minister Mehmet Simsek, Finance Minister Kemal
Unakitan, MASAK President Adnan Erturk, and Ministry of
Foreign Affairs Security Affairs Director General Hayati
Guven. In separate meetings in late January and early
February, we delivered Ref A points to Banking Regulation and
Supervision Agency Chairman Tevfik Bilgin, Ministry of
Foreign Affairs Iran Director Devrim Ozturk, and had further
discussion of points with MASAK's Erturk. All parties
thanked us for the information and agreed to share it with
relevant agencies promptly.
2. (S) BRSA's Bilgin advised both us and the MFA that he is
not aware of a purchase offer from Bank Melli for Adabank,
although he did meet with a visiting Iranian delegation in
September 2007 that was looking into the Turkish financial
market. Since Adabank is under supervision of the Securities
Deposit Insurance Fund, Erturk suggested we also share the
points with the SDIF. Our consulate in Istanbul plans to
undertake that demarche.
Visit Ankara's Classified Web Site at
http://www.intelink.sgov.gov/wiki/Portal:Turk ey
WILSON