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China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

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Skip Navigation LinksHome :: Back Issues :: EEMEA Market round-up: Citigroup purchases stake in Turkey's largest privately owned bank

November 2006

EEMEA Market round-up: Citigroup purchases stake in Turkey's largest privately owned bank

by Kathryn Wells


Citigroup is paying $3.1 billion for a 20% stake in Akbank, the country’s largest privately owned bank, just months after...


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