Manama: The Central Bank of Bahrain (CBB) has denied that it had cancelled the license of Turkiye Is Bankasi AS.
The CBB in a statement denied false news regarding Turkiye Is Bankasi AS, a conventional wholesale bank (branch) licensed in Bahrain, that appeared on an online news portal.
The website reported that the CBB had cancelled the bank’s license in Bahrain in a news item published on 16th March 2018.
The CBB termed the news a completely false and baseless, and confirmed that the branch is operating normally in the Kingdom of Bahrain.