lenders
- Business
Turkish banks post $9.2B net profit in January-May
Total assets of banking sector tops $843.5B as of May, says banking watchdog Turkish banks posted a net profit of…
Read More » - Business
Turkiye: Business circles welcome rate hike decision
Leaders of business associations have welcomed the Central Bank’s move to hike its policy rate sharply by 650 basis points,…
Read More » - Business
Turkiye: Banking sector profits rise 417 percent
The combined net income of Turkish banks stood at 389.2 billion Turkish Liras in January-November, rising by 417 percent from…
Read More » - Business
Turkiye: Banking sector’s profit leap 400 percent
The combined net profit of Turkish banks soared by 408 percent in the January-October period from a year ago to…
Read More » - Business
Turkish central bank takes another step to boost lira deposits
Central bank wants lira deposits at least 50% of totalSecurities maintenance ratio lifted to 5% from 3%Banks most hold further…
Read More » - Business
Loan package welcomed by tradesmen unions
A loan package announced by President Recep Tayyip Erdoğan has been welcomed by the Confederation of Turkish Tradesmen and Craftsmen…
Read More » - Business
State lenders follow suit after Central Bank cuts interest rates
Turkish state-owned lenders Ziraat, Vakıfbank and Halkbank have lowered loan interest rates between 50 and100 basis points on Nov. 19.…
Read More » - Business
Turkish state lenders lower interest rates
Turkey’s state lenders – Ziraat, Halk, Vakıf – announced a drop in interest rates of corporate loans by 200 basis…
Read More » - Business
Local banks report 48.5 billion liras of net profit in January-August
Turkish banks managed to increase their net profit by 12.8 percent on an annual basis to 48.5 billion Turkish Liras…
Read More » - Turkiye
Turkey’s short-term foreign debt stock nearly at $145B in May
External debt stock rises 4.6% at end of this May from end-2020, says official data Turkey’s short-term external debt stock…
Read More »