Turkey’s Garanti Bank losing customers in anti-government protest

“Tens of thousands of people have staged protests in cities across Turkey and many have complained that domestic broadcasters and newspapers are not adequately covering their action out of fear of government reprisals.  Dogus Holding, which owns a major stake in Garanti, also controls the NTV television station, which has angered the protesters with its coverage. ‘Some customers have cancelled their cards and accounts, but it has been limited,’ Chief Executive Ergun Ozen told Reuters. He said 35-40 million lira in funds had been withdrawn in the past week, from total accounts of 95 billion, while around 1,500 of Garanti’s 8.5 million credit cards had been cancelled.”

http://www.reuters.com/article/2013/06/04/turkey-protests-business-idUSL5N0EG24220130604

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