Kibkom North Cyprus Forum

Apparently they have the Turkcell Data Base and working their way through it. Anyone bank with them. 10%+ negotiable on 100,000tl and above.

With the TL at 3.835 at the moment and no sign of it going any lower until the Turkish Central Bank is free to do its own job - instead of being told what to do by the Turkish Government (or so the financial papes say), where are they getting the money to pay 10% interest on anything????

Who is Capital Bank?

I tried to google Capital Bank, TRNC and nothing came up.

Apparently they have a branch somewhere close to the HSBC and are opening two more branches. I asked "who is backing your bank and is the major shareholder". She said a name I didn't catch but he was a property developer and it was a TC bank.

Fatouche, thanks for that link, unfortunately I couldn't find a translation icon but I did notice that Haci Ali company is mentioned under the correspondents and contributors. If you're with Turkcell and get a call, you can ask questions for yourself. As to who owns what bank, the Exchange office I always go to, told me that the Nova Bank (just up the road from Deniz Plaza and Garanti Bank) is owned by the same family who own Lemar, Mera foods., etc. I think the Exchange would probably know.

A new bank, possibly owned by a local business man offering interest rates higher than anyone else?????????? MMmmmmm!!!

Hasn't his big car show room just closed down!!

It closed about a year ago.

I'm NOT saying it is Haci Ali (heaven forfend) it just seemd a bit of a coincidence. But it would be interesting to find out just who it is wouldn't it?

Interesting - yes
Put my hard earned money in? - No thank you!