Turkish Banks
- 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…
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Statement from Fitch Ratings regarding Turkish banks
Fitch Ratings reported that steps to simplify macroprudential regulations supported the margins of Turkish banks in the third quarter of…
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CBI signs key agreements with Turkish banks to facilitate trade
The Iraqi Central Bank (CBI) announced on Saturday that an Iraqi delegation has completed talks with a group of Turkish…
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Bounced checks are on the rise in Turkiye
The Turkish economy is grappling with a severe liquidity crunch, as evidenced by an unprecedented rise in the number of…
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Turkish banks’ refinancing pressures reduced: Fitch
Refinancing pressures have reduced for Turkish banks, following the post-election policy shift that includes progress towards a more conventional policy…
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Can Moody’s upgrade of credit rating increase investments in Turkiye?
The international credit rating agency Moody’s changed the outlook of Turkish banks from negative to stable, which had positive reflections.…
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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…
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Turkish banks see $5.6B net profit in March
The net profit of Turkish banks amounted to TL 107.3 billion ($5.6 billion) in March, according to data released on…
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