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HALKB.E — Turkiye Halk Bankasi News Story

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Turkey's Halkbank stock surges again after deal ending U.S. criminal case

March 10 (Reuters) - Halkbank's HALKB.IS shares surged more than 8% at the open of trade in Istanbul on Tuesday, after the Turkish state lender reached a settlement with the U.S. government to resolve its long-running Iran-related criminal case without any monetary fine.

The bank's shares had already jumped to the maximum limit of 10% on Monday.

Within the scope of settlement, the bank will not admit to any criminal wrongdoing, nor pay any judicial or administrative fines, Halkbank said in an exchange filing on Monday.

(Writing by Miraç Eren Dereli; Editing by Jonathan Spicer )

((miraceren.dereli@thomsonreuters.com;))

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