banking sector
- Turkiye
12,000 Turkish SMEs Secure $651 Million in ‘Nefes’ Loans Amid Liquidity Crunch
Türkiye’s Nefes (meaning “breath” in Turkish) Credit Program reached ₺16.2 billion ($651.9 million) in funding volume as of July 15,…
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UAE Sees Broad-Based Monetary Growth in March 2025 as Bank Credit and Deposits Rise
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from Dhs982.4 billion…
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Turkish banks’ net interest margins to improve by end-2025
Access to external financing, positive operating environment score remains, though profitability could be higher, while high short-term external debt poses…
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Turkiye’s Top Banks Post 27% Profit Growth in Q1 2025 Amid Asset Surge
The combined net income of Türkiye’s largest banks by asset increased by 27 percent in the first quarter of 2025…
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Turkiye Strengthens Global Trade Role as Fourth Largest Country in IFC’s Trade Finance Program
As key export, import hub, bridging Europe to Asia and Middle East, Türkiye plays significant role in global trade among…
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QNB Turkiye Relocates Key Operations to Ankara to Ensure Uninterrupted Banking Services
QNB Türkiye has begun relocating its critical business units to a newly established headquarters in Ankara, aiming to ensure uninterrupted…
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Turkiye’s Banking Sector Reports Strong Q1 Performance with $5.7 Billion Net Profit
Net profits of Türkiye’s banking sector in the January-March period totaled 216.11 billion Turkish Liras ($5.72 billion), the country’s banking…
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Turkiye Tightens Currency Measures to Support Lira and Curb Dollarization Amid Reserve Decline
Türkiye’s Treasury and Finance Ministry and the Central Bank of the Republic of Türkiye (CBRT) have implemented coordinated fiscal and…
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UAE: CBUAE Report Highlights Resilient Growth, Banking Strength, and Fintech Innovation
The Central Bank of the UAE (CBUAE) on Monday released its 2024 Annual Report, embodying achievements and initiatives that have…
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Turkiye Wealth Fund Secures $1.2 Billion Syndicated Loan Without Treasury Guarantee
Türkiye Wealth Fund (TWF) on March 15 successfully secured a syndicated loan of 837 million euros and $285 million, with…
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