debt
- Business
Gold Tops Investment Returns in August With 7.93% Real Gain
ISTANBUL — Gold bullion was the best-performing investment instrument in Türkiye in August, delivering a 7.93% real return when adjusted…
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Turkish Treasury to Conduct Two Direct Sales of Gold-Linked Debt Instruments
ANKARA, July 1 — Türkiye’s Ministry of Treasury and Finance will conduct two direct debt sales on July 2, offering…
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Turkey Raises Collateral-Free Installment Limit for Public Debts to 10 Million Lira
ANKARA, June 13, 2026 — The Turkish government has significantly increased the threshold for collateral-free installment plans on public debts,…
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Turkish Aluminum Exporter Patrop Group Declared Bankrupt
ISTANBUL, Türkiye — Patrop Group İnşaat Sanayi ve Ticaret A.Ş., a Turkish aluminum-profile manufacturer that exported to more than 100…
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Kale Seyahat Granted Temporary Concordat Protection for Three Months
Tekirdağ — April 27, 2026 One of Turkey’s well-known intercity bus companies, Kale Seyahat, has been granted a three-month temporary…
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Carrefour Exits Turkiye as A101 Owner Acquires CarrefourSA in $325 M Deal
French supermarket chain Carrefour is set to exit its long-running Türkiye venture alongside its Turkish partner Sabanci Holding under a…
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40-Year-Old Turkish Chicken Brand “Lades” Put Up for Sale After Bankruptcy
A well-known Turkish poultry brand, “Lades”, has been put up for sale following the bankruptcy of its owner, Garip Tavukçuluk.…
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Turkey’s Chocolate Producer Awaits Critical Vote on April 1
The future of Erdem Çikolata Gıda Sanayi Ticaret Limited Şirketi, a chocolate and biscuit manufacturer based in Gaziantep, will be…
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Zorlu Holding Reportedly in Talks With Banks to Restructure Debt, Asset Sales Considered
ISTANBUL — Türkiye-based conglomerate Zorlu Holding has begun discussions with banks to restructure its outstanding loans, according to a report…
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Debt Payments Outpace New Financing in Developing Countries, Hitting 50-Year High
The World Bank has reported that the gap between principal and interest payments on external debt and newly received financing…
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