The logo of BNP Paribas is seen on the bank's building in Paris, May 30, 2014. REUTERS/Charles Platiau
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ING Group NV, BNP Paribas and Bahrain-based Arab Banking Corp (ABC) have submitted bids to buy HSBC's Turkish business, a source familiar with the process said Friday.The source also said ABC appeared the most keen.Four other sources said Dutch lender ING was interested in buying HSBC's Turkish business, comprising corporate and investment banking operations as well as a loss-making retail arm.HSBC, ING, BNP and QNB declined comment and ABC could not be reached for immediate comment.HSBC lost $64 million in Turkey last year.
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