BDDK
- Turkiye
Turkish Banking Sector Reports $11.3 Billion Profit, Assets Rise by 26% in First Eight Months of 2024
The Turkish banking sector’s net profit stood at 382.77 billion Turkish Liras ($11.3 billion) in January-August, the country’s banking watchdog…
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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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Turkiye: Contactless payment limit to double as of July
The Turkish banking regulator has decreed that the threshold for contactless payments will be raised by 100 percent to 1,500…
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Turkiye: BDDK allows three new banks to be established
The Banking Regulation and Supervision Agency (BDDK) has allowed the establishment of three new banks. According to the decision published…
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Turkiye: High costs interest rates hitting retailers
High costs and high interest are taking their toll on Türkiye’s retailers with the outlook in the industry in the…
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BDDK regulation on credit amounts for the purchase of electric motor vehicles
According to the announcement on the Banking Regulation and Supervision Agency (BDDK) website, regulations have been made regarding the credit…
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Banks to Implement Inflation Accounting Starting Next Year
The Banking Regulation and Supervision Agency (BDDK) has announced that banks, as well as financial leasing, factoring, financing, savings finance,…
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Turkiye preparing its national green taxonomy
Türkiye is working on its national green taxonomy that will serve as a guide to prepare local investors for the…
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Turkiye: Regulator introduces new cap on some housing loans
The Banking Regulation and Supervision Agency (BDDK) has announced a decision to tighten the conditions for some housing loans as…
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Turkiye: Banking sector’s net profit up 70 percent
The Turkish banking industry’s combined net income increased by 69.6 percent in the January-March period from a year ago to…
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