The Turkish fintech firm Papara introduced Wednesday it acquired Pakistan-based Electronic Money Institution (EMI) SadaPay, marking an enlargement within the South Asian market following the
Tag: finance
Top int’l banking body optimistic about ‘good outlook’ in Türkiye
A prime official of the worldwide banking physique just lately expressed optimism concerning the outlook of the Turkish financial system, saying they’re intently monitoring the
FX scheme fuels $25 billion loss for Turkish central bank in 2023
Türkiye’s central financial institution registered a steep loss in 2023, primarily stemming from a international exchange-protected deposit scheme, official information confirmed on Sunday. The loss
Turkish fintech firm Papara to acquire T-Bank, expands further
The Turkish fintech firm Papara has signed an settlement to buy T-Bank (Turkland Bank), from its 50-50 shareholders Lebanese Bankmed SAL and Jordanian Arab Bank
Jacob Rothschild, head of Rothschild empire, dies aged 87
Jacob Rothschild, the British financier and a senior member of one among Europe’s best-known banking dynasties, died on the age of 87, his household introduced
Russia seeks solutions to Turkish banks tightening rules
Russia on Thursday mentioned it was conscious of Turkish banks tightening guidelines on Russian shoppers, and is working with Türkiye to search out mutually acceptable
Turkish capital markets to experience high performance in 2024
The previous yr was one among excessive efficiency for the capital markets and Türkiye hopes this efficiency will lengthen into 2024, the pinnacle of the
Use of Türkiye’s electronic payment system Troy gains momentum
Interest in TROY, a home digital card cost clearing system launched in 2016, has gained momentum lately, in response to the information from Anadolu Agency
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
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