Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish Lira has dropped to a new all-time low yet again, seeing 2.6 against the U.S. dollar
Prime Minister Ahmet Davutoğlu has sought to reassure some of the world’s leading investors about political and economic stability in Turkey during his meetings in New York
The Turkish lira weakened to a record low above 2.53 against the dollar
ISTANBUL - Reuters
Turkey’s Ziraat Bankası General Manager Hüseyin Aydın has told reporters that the state-run lender plans to launch its off-shoot, Ziraat Katılım Bankası, an Islamic participation bank, on May, 29, which is the anniversary of the Ottoman conquest of Istanbul.
ANKARA - Anadolu Agency
The net profit in Turkey’s banking sector increased by 52 percent to 2.15 billion Turkish Liras ($857 million) in January compared with 1.42 billion liras in January 2014
ISTANBUL – Reuters
Citigroup has sold its nearly 10 percent stake in Turkey’s Akbank for $1.2 billion, the U.S. lender said on March 5, its latest disposal of overseas assets to cut costs and boost profits
The Central Bank of Bahrain has granted a license to Turkish Islamic lender Turkey Finans to open a branch in Bahrain, the bank said in a written statement on March 4
The improvement in Turkey’s core inflation continued in February, with the slight rise largely due to food prices, the Central Bank announced on March 4
Turkish inflation rose slightly less than expected in February but remained significantly above the Central Bank’s target, limiting its room to make the deep interest rate cuts demanded by President Recep Tayyip Erdoğan.
Turkey’s banking watchdog (BDDK) said on March regulators have taken control of a small stake in embattled Islamic lender Bank Asya over what it described as an illegal share transaction.
BRUSSELS - Agence France-Presse
The European Bank for Reconstruction and Development (EBRD) said on March 3 it would begin funding critically needed investment in cash-strapped Greece as Athens nears the end of a massive bailout program.
Turkey’s stock exchange Borsa Istanbul said yesterday it plans to go public, in Ankara’s latest move to bolster its $220 billion equity market that has punched below its weight for years
Turkey’s third-largest state-run bank Vakıfbank received regulatory approval yesterday from banking watchdog BDDK to establish an Islamic banking division, the Official Gazette has announced
Daily News - Follow us on