Turkish Banks
- UAE
UAE and GCC Banks’ Turkish Subsidiaries to Reap Benefits from Macroeconomic Shift
Due to strong growth prospects, Fitch upgraded 18 Turkish banks in March The UAE and other Gulf banks with Turkish…
Read More » - Business
Russia struggles to collect oil payments as China, UAE, Turkiye raise bank scrutiny
Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in…
Read More » - Business
Turkiye: Number of people default on loan, card payments falls in 2023
The number of people with unpaid consumer loans and credit card payments declined by 11.6 percent last year from 2022…
Read More » - Business
Turkiye: Deposit rates climb higher after Central Bank’s move
Turkish banks have hiked their deposit rates and loan rates after the Central Bank, in a surprise move, increased the…
Read More » - Business
Turkish Hotels Face Payment Issues From Russians
Hotels in Turkiye are encountering challenges in receiving payments for accommodation from Russian guests, with transfers arriving late or being…
Read More » - Business
Turkish banking industry on foreign investors radar
After Goldman Sachs increases its earning per share (EPS) estimates for the Turkish banks in its coverage earlier this month,…
Read More » - Markets
Free cash withdrawal limit from ATMs is increased from ₺5 thousand to ₺10 thousand
Cash withdrawal fees from banks’ ATMs have been increased. The cash withdrawal limit, which was ₺5 thousand, was increased to…
Read More » - Business
Turkish banks’ loan volume reached ₺11.9 trillion
The loan volume of the banking sector increased by ₺103 billion 624 million last week, reaching ₺11 trillion 941 billion…
Read More » - Business
Advice from JPMorgan about Turkish banks: Private banks in Turkiye are relatively attractive
JPMorgan stated in a report that subordinated bonds of private banks in Turkiye are relatively attractive. Analysts led by Konstantin…
Read More » - Business
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…
Read More »