Azerbaijan’s Beynelxalq Bank may open a branch in Istanbul, Haberturk newspaper reported, citing Faig Bagirov, Baku’s ambassador to Ankara.

Beynelxalq bank would be the second Azeri bank that opens a branch in Turkey after Texnikabank, according to the Istanbul- based newspaper.

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To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net