Citi not selling Akbank stake - source

NEW YORK, Nov 21 (Reuters) - Citigroup Inc is not planning on selling its stake in Turkish lender Akbank , a source familiar with the situation said on Friday.

Shares in Akbank earlier fell on reports that Citigroup may sell parts of the company. The company's shares closed down 3 percent at 3.48 lira.

Citigroup has a 20 percent stake in Akbank. (Reporting by Megan Davies) Keywords: CITIGROUP/AKBANK ([e-mail] ; [phone]; Reuters Messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.