Turkey's largest state-owned lender Halkbank informed in a filing with the Bourse Istanbul that it mandated its headquarters in order to evaluate acquisition options in Serbia's banking sector without providing any further details. Halkbank has a 98.78% subsidiary in Macedonia , namely Halk Banka AD. Skopje , and a 30% subsidiary in Netherlands , namely Demir-Halkbank NV , according to the public disclosure platform (KAP). Earlier this week, Suleyman Aslan , general manager of Halkbank, was questioned by financial police in a high-profile corruption case and police raided the bank's headquarters. Halkbank informed that it was asked to supply information and documentation under an on-going graft probe. There were media reports earlier this year that some members of US Senate accused Halkbank of breaching US sanctions on Iran. Halkbank denied these allegations. Local media reported on Tuesday that Turkish police have been following illegal money transfers to Iran through Halkbank since last year.
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