Tuesday, September 13 2011 , Your time is 15:58:00
Turkish stock exchange Borsa Istanbul briefly suspended the trading of Islamic lender Bank Asya shares Sept. 18, citing extraordinary movements in the exchange of the lender’s shares.
Gülen movement-affiliated Turkish Islamic lender Bank Asya has ruled out reports of ending share sales talks with Qatar Islamic Bank (QIB)
ISTANBUL - Anadolu Agency
Foreign investors injected more than $1.3 billion into Turkey’s stock exchange between February and April, according to figures released by Borsa Istanbul.
Bank Asya, a Turkish lender with close links to the movement of religious scholar Fethullah Gülen, has moved to sell assets worth around 133 million Turkish Liras
Two deputy chairmen and a unit head in the main stock exchange Borsa Istanbul have left their offices amid a major reshuffle
Islamic banking is no more a step child in the Turkish banking regulation, said Deputy Prime Minister Ali Babacan, calling on more lenders to show interest in the growing business.
FRANKFURT - Agence France-Presse
The European Central Bank is not expected to cut interest rates this week, but could start paving the way for a possible move in June if deflationary dangers persist, analysts said
Fitch Ratings has said the Turkish Central Bank’s 0.5 point rate cut on May 22, highlights policy swing risks by sending mixed messages.
ISTANBUL - Reuters
Turkish shares were boosted on the last day of the week by a string of forecast-beating first quarter results
BRUSSELS - Agence France-Presse
The European Commission said it had informed Credit Agricole, HSBC and JPMorgan of its reasons for believing they rigged interest rate benchmarks crucial to global financial markets.
ANKARA - Anadolu Agency
Turkey’s banking authority has announced that the country’s banking sector’s net profit slumped 13.9 percent in the first quarter of the year compared to the same period last year.
Capital inflow of unexplained origin has hit Republic era-record over the past 12 months, an economy report prepared by the main opposition CHP states, finding the flow ‘meaningful’
Islamic lender Bank Asya’s deposits have plunged by 24.3 percent, 4.5 billion Turkish Liras, since the beginning of the year, the bank said
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