financial sector
- Turkiye
Turkish Banking Sector Profit Surges to TRY 363.6 Billion as Assets Top TRY 50 Trillion
The Turkish banking sector’s net profit increased from 264.2 billion Turkish Liras in the January-April period of last year to…
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UAE Launches Instant Digital Bank Accounts for Tourists to Boost Cashless Economy
New CBUAE, ICP, ADCB service allows tourists to open bank accounts digitally on arrival The Central Bank of the UAE,…
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UAE Central Bank Bans WhatsApp for Customer Communication to Strengthen Data Security
Financial institutions were instructed to submit updates on their compliance by April 30 The Central Bank of the UAE (CBUAE)…
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UAE Emiratisation in Finance Sector Hits 31% as Hiring Surpasses Targets
National employment in banking, finance, insurance hits 31% as hiring beats annual goals The Central Bank of the UAE reported…
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Turkish Banking Sector Profit Jumps 43% to $3.8 Billion in Early 2026
Turkish banks’ combined net profit amounted to 169.4 billion Turkish Liras ($3.8 billion) in January-February, a 43 percent year-on-year increase,…
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Turkiye Private Pension Funds Surpass 2.5 Trillion Liras as Participation Nears 18 Million
The combined size of Türkiye’s Individual Pension System (BES) and Automatic Enrollment System (OKS) funds has exceeded 2.5 trillion Turkish…
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Turkiye Launches Antitrust Probe into Banks, Insurers and IT Firms Over Labor Market Practices
The Turkish Competition Authority has announced the initiation of an investigation into 26 companies operating in the banking, participation banking,…
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Turkiye’s Top Banks Report Strong Profit Growth as Assets Approach $1 Trillion
State-owned Ziraat Bank leads all metrics as sector’s total assets rise 41% and equity capital jumps 57% for Türkiye’s largest…
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Turkiye Bank Stocks Slip as Competition Authority Launches Probe
Shares of several major private banks in Türkiye fell by nearly 1% at the opening of Tuesday’s trading session after…
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Turkiye Banking Sector Loans Hit $542 Billion as Credit Expands Across Key Industries
Türkiye’s banking sector’s total cash loan volume across sectors reached ₺23.71 trillion ($542.18 billion) by the end of 2025, rising…
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