Three foreign banks eyeing Turkish market, says bank regulator

Ankara

THREE foreign banks, including one from the United States, are considering entering the Turkish market, possibly as soon as next year, the head of the country's banking watchdog was quoted as saying.

Bank of China began operations this year in Turkey, whose population of nearly 80 million - the youngest in Europe - remains an attractive demographic for foreign banks despite investor concerns about security issues and a government crackdown that has followed a failed coup in July.