The head of the TMSF
, Sakir Ercan Gul, said, 'We will inspect the sale process until May 29, if the sale is not realised, the bank will be liquidated.'
In a statement on Tuesday, the TMSF
said it has extended the nine-month period permitted for sale or liquidation by another three months as of Feb.
confiscated BMC together with 11 other companies from conglomerate Cukurova Holding AS in May 2013 because of the latter's failure to pay back debts of USD455m, Reuters said.
According to local reports, TMSF
is to enter talks with Providence Equity Partners, which holds the 47% of DigitE-rk not owned by Ecukurova, with a view to selling either Ecukurova's stake or organising a joint sale of the company.
put Adabank on sale with an estimated value of 75 million USD.
To that end, the Wal-Mart and Sam's Club Foundation has given a $1 million grant to the Thurgood Marshall Scholarship Fund (TMSF
offers financial assistance to students attending the nation's 47 public historically Black colleges and universities.
The settlement was paid in accordance with an arrangement with Telsim and the Turkish Savings and Deposit Insurance Fund (TMSF
), which sold Telsim's assets to Vodafone.
In February, officials from the country's Savings Deposit Insurance Fund (TMSF
) seized control of some 219 companies belonging to tire controversial Uzan family.
Criteria * Must be enrolled full time and pursuing a degree at any one of 45 TMSF
member schools; must have at least a 3.0 GPA and SAT of 1100 (or ACT of 25).
Organizations like the Thurgood Marshall Scholarship Fund (TMSF
) and the United Negro College Fund (UNCF) actively promote the educational, economical and cultural benefits of these historical schools.