May 10 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) and Borsa Istanbul will sign a memorandum of understanding (MoU) to develop regional capital markets, the EBRD said in a statement on Friday.
"The joint efforts are expected to strengthen the development of local and regional capital markets which will also boost the role of Borsa Istanbul beyond Turkey and underpin the city's role as a financial centre and a regional business and investment hub for the wider region", the EBRD said.