The deposit charges of Turkish banks, already exceeding 45%, are anticipated to climb additional for the rest of the yr, in keeping with bankers, because
Tag: BANKING SECTOR
Goldman Sachs expects ‘less robust’ dealmaking in medium term
Goldman Sachs sees dealmaking exercise to remain muted within the medium time period as macroeconomic circumstances weigh on non-public fairness transactions, an govt mentioned Wednesday.
UBS logs $785M loss in Q3 due to Credit Suisse acquisition costs
UBS Group reported Tuesday a $785 million loss within the third quarter as a consequence of prices related to the Swiss financial institution’s acquisition of
UK scraps state guarantees on $1.2 billion of COVID-19 loans
The U.Ok. authorities has scrapped ensures on practically 1 billion kilos ($1.2 billion) of financial institution loans handed out to ailing companies throughout the COVID-19
Turkish central bank unveils new steps to simplify regulations
Türkiye’s central financial institution Friday introduced recent steps to simplify the macroprudential framework and enhance the share of Turkish lira deposits, a day after the
CBRT unveils fresh instructions to boost Turkish lira attractiveness
Türkiye’s central financial institution has despatched directions to banks underneath which it has raised to 2.5% from 2% the focused month-to-month rise within the share
UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts
Banking large UBS Group introduced Thursday it will totally soak up the home unit of its longtime rival Credit Suisse into its operations, with out
Turkish banks record $10.9B net profit in Jan-July period
Turkish banks recorded a whooping 293.4 billion Turkish liras ($10.9 billion) internet revenue ın the January-July interval, in line with information launched Tuesday by the
Türkiye’s loan overhaul to encourage 1st homebuyers, inhibit prices
Türkiye’s new laws geared toward encouraging first-time homebuyers and curbing loans for individuals already proudly owning residential property will stabilize the market and assist curb
Türkiye’s loan overhaul to encourage 1st homebuyers, inhibit prices
Türkiye’s new laws aimed toward encouraging first-time homebuyers and curbing loans for individuals already proudly owning residential property will stabilize the market and assist curb