Turkish non-public lender Akbank will make investments $200 million (TL 6.14 billion) in know-how in 2024, its CEO Kaan Gür instructed a news convention on
Tag: Turkish banks
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
Istanbul’s cutting-edge financial center sees soaring leasing interest
The Istanbul Finance Center (IFC) is changing into a brand new attraction for each native and international traders garnering curiosity spanning from the Far East
Surge in loan rates at Turkish public banks after policy reversal
Following a coverage overhaul that noticed the central financial institution virtually double its key fee final week, shopper and housing mortgage rates of interest at
Turkish central bank reverses rule on credit card cash withdrawals
Türkiye’s central financial institution has rescinded its resolution made this week that mandated banks to carry securities for money withdrawals made utilizing bank cards and
Turkish central bank hikes FX conversion requirement for banks
Türkiye’s central financial institution has introduced that lenders will now be mandated to transform 10% of their international foreign money deposits into Turkish lira or
Turkish banks see $5.6B net profit in March
The internet revenue of Turkish banks amounted to TL 107.3 billion ($5.6 billion) in March, in accordance with information launched on Wednesday. The determine was
IFC to make Istanbul regional financial hub: Minister Kurum
A just lately opened huge business district pledging to make Istanbul a monetary hub considerations not solely Türkiye but in addition the close by area,
Türkiye opens long-anticipated Istanbul Finance Center
Türkiye opened Monday a long-awaited huge business district that guarantees to put the Turkish metropolis among the many world’s most essential monetary facilities. A ceremony
Deposits under Türkiye’s FX-protected lira scheme hit nearly $92B
The upward pattern within the quantity of deposits below a government-backed scheme that safeguards Turkish lira deposits from depreciation has reached a brand new report,