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10 months ago
BRIEF-ECB blocked ING from buying Turkey's Dimir for 750 mln euros-FD
October 12, 2016 / 5:41 AM / 10 months ago

BRIEF-ECB blocked ING from buying Turkey's Dimir for 750 mln euros-FD

** ING's attempts to buy Turkey's Dimirbank was thwarted by the ECB, Het Financieele Dagblad reports, citing people familiar with talks between Dimir parent HSBC and ING

** ING withdrew after receiving a formal warning letter from ECB, the paper reports

** The ECB was concerned about improper transactions with Iran, the paper says

** ING, HSBC, ECB not immediately available for comment (Reporting by Toby Sterling)

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