World’s Largest Bank Retreats From Turkey as ICBC Shuts Down ATM Network (opens in new tab)

China’s banking giant scales back its consumer banking footprint in Turkey, signaling a major shift toward digital services while maintaining corporate and trade finance operations. The world’s largest bank is pulling back from a key part of its operations in Turkey, marking another sign of how rapidly the banking industry is evolving in the digital age. The Industrial and Commercial Bank of China (ICBC), the largest bank in the world by total assets, has reportedly decided to discontinue its...