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Türkiye’s E-Auction System Generates More Than TRY 2.7 Billion in Revenue
ISTANBUL — Türkiye’s Ministry of Trade generated more than TRY 2.7 billion in revenue through its electronic auction system during…
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ICBC Turkey to Scale Back Operations, Close Five Branches in Türkiye
ISTANBUL – ICBC Turkey Bank, the Turkish subsidiary of China’s Industrial and Commercial Bank of China (ICBC), has announced a…
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Türkiye and Canada Officially Launch Free Trade Agreement Negotiations
Türkiye and Canada have officially launched negotiations on a comprehensive Free Trade Agreement (FTA), marking a significant step toward strengthening…
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BOTAŞ and Italy’s Edison Sign Natural Gas and LNG Cooperation Agreement
Türkiye’s state-owned energy company BOTAŞ has signed a memorandum of understanding (MoU) with Italian energy firm Edison to explore cooperation…
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Banks Allocate 33% of Commercial Loans to Manufacturing Industry, Says TBB Chairman
ISTANBUL – Chairman of the Türkiye Bankalar Birliği (TBB) Alpaslan Çakar announced that 33% of commercial loans provided by the…
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Tukaş Shareholders Cem and Cengiz Okullu Seek “Roadside Commercial” Zoning for Major Housing Project in İzmir
Cem and Cengiz Okullu, prominent shareholders of Turkish food giant Tukaş, have applied for a zoning amendment for a large-scale…
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Commercial Ledgers Go Digital: Share and General Assembly Minutes Books to Be Kept Electronically
A new regulation has been introduced requiring certain commercial ledgers that are not directly related to accounting to be maintained…
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Emlak Katılım Enters Savings-Based Financing Sector with New Subsidiary
Emlak Katılım Tasarruf Finansman AŞ to Offer Interest-Free Home, Vehicle, and Commercial Property Financing Emlak Katılım has officially entered the…
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Commercial Loan Growth Accelerates to 32% While Consumer Loan Growth Slows
According to data from the Banking Regulation and Supervision Agency (BDDK), the growth of consumer loans continued to decline in…
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Türkiye eases regulations on right of withdrawal for distance sales contracts
The Turkish Trade Ministry announced on Friday a new regulation concerning consumers’ right of withdrawal from distance sales contracts, allowing…
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