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Goldman Sachs to advise Turkish lender on Qatar Islamic deal

Asya Katilim Bankasi, the Turkish banks in talks to sell a stake to Qatar Islamic Bank, has selected Goldman Sachs Group Inc. as exclusive financial adviser on the deal, Bloomberg has reported. The Istanbul-based lender said in March that it was in exclusive talks with QIB for a strategic partnership, while the Doha-based bank said it was interested to take a stake in the lender. Bank Asya didn’t give more details.