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ING, Bahrain's ABC, BNP Paribas submit initial bids for HSBC Turkey -source

Reuters - UK Focus

ISTANBUL, May 29 (Reuters) - Dutch bank ING, Bahrain-based Arab Banking Corp (ABC (HKSE: 1288-OL.HK - news) ) and France's BNP (Paris: FR0000131104 - news) Paribas have submitted non-binding bids for HSBC's Turkish business, a person familiar with the process said on Friday.

The source said Qatar National Bank had looked into an acquisition but had not submitted a bid.

(Reporting by Asli Kandemir; writing by Nick Tattersall; editing by Jason Neely)