(MENAFN) On Wednesday, The Turkish subsidiary of the Industrial and Commercial Bank of China (ICBC) was awarded for its participation to institutionalized securities brokerage in Turkey.
Ali Fuat Taskesenlioglu, chairman of the Capital Markets Board of Turkey, announced ICBC Turkey as the "leader in brokerage transactions in financing" at an awarding ceremony took place in Istanbul by the Turkish Capital Markets Association.
It is the second time for ICBC Turkey to take the honor. Gao Xiangyang, the bank's chairman, received the award, while other awards were presented to establishments, businessmen and firms for their aid to Turkey's capital shops.
ICBC Turkey, created after the ICBC bought a majority of shares of Turkey's Tekstilbank in May 2015, is licensed for commercial banking, investment banking and asset management.