ISTANBUL, March 5 (Reuters) - State-run Ziraat Bank, Turkey's biggest lender which is not listed, plans to launch a new Islamic lender on May 29, its general manager said on Thursday.
The lender will be a Ziraat subsidiary and capital of $300 million, which it has received from the Treasury, Ziraat General Manager Huseyin Aydin told reporters. The bank plans to open 20 branches, he said.
(Reporting by Ebru Tuncay; Writing by Ayla Jean Yackley; Editing by Ece Toksabay) ((firstname.lastname@example.org; +90 212 350 7000; Reuters Messaging: email@example.com))
Keywords: ZIRAAT ISLAMICLENDER/