banking sector
- Turkiye
Turkiye’s Is Bank Reports $1.25 billion Profit, Expands Global Investments
Türkiye’s Is Bank achieved a net profit of ₺45.5 billion ($1.25 billion) in 2024, increasing its total assets by 35.5%…
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Turkiye’s Banking Sector Assets Surge 38.7% to Nearly $930 Billion in 2024
Total banking sector assets up 38.7% year-on-year as of end-2024, according to banking watchdog Net profits of Türkiye’s banking sector…
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Turkish Central Bank reserves hit all-time high
As of Jan. 24, gross reserves reach highest-ever value of $167.5B The Turkish Central Bank’s official reserve assets hit an…
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Turkish Banks Poised for Strong Earnings Growth Amid Rate Cuts
A strong recovery in Turkish banking earnings is expected this year, now that the rate-cutting cycle is well underway, Citi…
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UAE IPOs in 2025: Investors Eye Valuations Amid Optimism for New Entrants
New IPOs will need to get careful about their price expectations Ben Graham once said, “Nearly everyone interested in stocks…
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Turkiye’s DenizBank raises $2.3B in 2024 syndicated loans, focuses on sustainability
Third syndication loan of 2024 finalized with participation of 54 financial institutions from 23 countries, garnering 139% oversubscription Türkiye’s DenizBank…
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Turkiye’s External Assets Grow to $354.8 Billion Amid Increasing International Liabilities
Net international investment position reaches minus $318.1B Türkiye’s external assets reached $354.8 billion at the end of September, increasing 6.7%…
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UAE Banking Sector Surpasses $136.81 billion in Capital and Reserves for the First Time
A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital and reserves…
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Family credit in UAE banking sector reaches $115 billion
The family credit in the UAE banking sector reached approximately $115 billion last year, according to the latest statistics from…
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Turkish Banks’ Net Profits Surge by 18.8% in First Seven Months of 2024
The net profits of Turkish banks increased 18.8 percent at an annualized pace in January-July, according to banking watchdog data.…
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