Fortis has today agreed to buy Disbank, a Turkish bank, for €985m ($1.28bn) in a move that will give Belgium's largest financial services company about one million new customers in Turkey.

Fortis, with a market capitalisation of €30bn, will buy 89.3% of Disbank from its founding family and other major shareholders, it said in a statement this morning.

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Fortis to buy Turkey's Disbank

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