loans
- Turkiye
Turkish Banking Sector Reports $11.3 Billion Profit, Assets Rise by 26% in First Eight Months of 2024
The Turkish banking sector’s net profit stood at 382.77 billion Turkish Liras ($11.3 billion) in January-August, the country’s banking watchdog…
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Turkish bank profits hike 24% in 1st half
Sector registers $9.6B net profit in January-June, says data from banking watchdog The net profits of Turkish banks jumped 24%…
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Banking Sector’s Deposits Decrease by ₺172 Billion, Totaling ₺16.1492 Trillion as of May 3
Total deposits of the banking sector decreased by approximately ₺172 billion in the week ending May 3 compared to the…
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UAE Borrowers: No Respite as Interest Rates Remain High Amid Fed’s Decision
Borrowing costs to remain unchanged as Fed holds rates at 23-year high The US Federal Reserve’s decision to maintain its…
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Turkish banks profits rise 40 percent last year
Turkish banks’ net income increased by 40 percent last year from 2022 to stand at 603.6 billion Turkish Liras ($19.9…
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Turkiye: Banks likely to loosen business loan lending standards
Turkish lenders are likely to ease lending standards on loans to enterprises in the first quarter of 2024, a Central…
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Turkiye: Auto sales likely to lose momentum next year
Auto sales are expected to decline between 35 percent to 40 percent next year after hitting a record level in…
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The alternative guarantee types that Turk Eximbank will provide to exporters have been announced
Ali Guney, General Manager of Turkiye Export Credit Bank (Turk Eximbank), regarding the “alternative types of guarantees to be provided…
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Assets of banks reached ₺21.1 trillion in September in Turkiye
The asset size of the Turkish banking sector increased by 47.1% in the September 2023 period compared to the end…
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Net profit of Turkish banking sector up 52.5% in January-September
Total assets of sector reach $772.9B as of end-September, up 61.1% year-on-year Türkiye’s banking sector posted a net profit of…
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