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Istanbul Chamber of Commerce Chief Avdagiç Calls on Banks to Cut Loan Rates Rapidly
Istanbul Chamber of Commerce (ITO) President Şekib Avdagiç called on banks to quickly lower lending rates in line with the…
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Turkey Raises Strategic Investment Advance Loan Program to TRY 750 Billion
ANKARA — Turkey has increased the ceiling of its Investment Commitment Advance Loan (YTAK) Program to TRY 750 billion from…
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Türk Eximbank Secures $830 Million Syndicated Loan to Support Exporters
ISTANBUL — Türk Eximbank has secured a syndicated loan worth $830 million, reinforcing its access to international funding as it…
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İş Bankası Secures Nearly $1.3 Billion in Sustainable Syndicated Loan
ISTANBUL, June 13, 2026 — Türkiye İş Bankası has secured a 367-day sustainable syndicated loan worth approximately $1.3 billion, reinforcing…
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TSKB Signs $350 Million Loan Agreement with Japan Bank for International Cooperation
ISTANBUL — June 2026 Türkiye Sınai Kalkınma Bankası (TSKB) has signed a $350 million loan agreement with the Japan Bank…
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QNB Türkiye Provides $33 Million Loan for Altınmarka’s Solar Energy Investments
April 24, 2026 ISTANBUL — QNB Türkiye has extended a $33 million loan to Altınmarka Group to finance its solar…
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Turkcell Secures $1 Billion Loan for 5G and Next-Generation Connectivity Investments
Turkey’s leading telecommunications company Turkcell has signed a landmark $1 billion syndicated loan agreement to finance its 5G rollout and…
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Turkish Banking Sector Posts TRY 87.2 Billion Net Profit in January
Ankara – The Turkish banking sector recorded a net profit of 87.249 billion lira in January, according to data released…
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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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Central Bank Changes TL Rediscount Calculation as Commercial Loan Rates Fail to Fall
The Central Bank of the Republic of Türkiye (CBRT) has revised the calculation method for Turkish lira (TL) rediscount loans…
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