M.N.G. Bank Becomes Turkland Bank (t-bank)

ISTANBUL - After 91 percent of its shares were purchased by Bankmed and Arab Bank, MNG's name has been changed to "Turkland Bank (T-Bank)", said sources on Tuesday.
Arab Bank owns 50 percent of MNG shares, Bankmed owns 41 percent of MNG shares while Mehmet Nazif Gunal owns 9 percent of MNG shares.
Turkland Bank will focus on providing commercial credits and services for small and medium scale businesses.