Tuesday, September 13 2011 , Your time is 15:58:00
The International Finance Corporation (IFC) said on June 25 it has agreed to loan 154 million euros ($172 million) to finance the building of a planned healthcare complex in Ankara.
SYDNEY - Reuters
The Australian government on June 24 said it would contribute A$930 million ($718.9 million) over five years to the new China-led Asian Infrastructure Investment Bank (AIIB), making it the institution's sixth largest shareholder.
Many investors backed off from taking new trading positions on June 5 ahead of Turkey’s parliamentary election on June 7, seen as one of the most uncertain in the last decade regarding the outcome
ANKARA - Anadolu Agency
The International Finance Corporation (IFC) said on June 22 it has introduced an innovative financial instrument to expand the availability of Turkish Lira financing for private enterprises in Turkey
Developing Borsa Istanbul is an important component of building the Istanbul financial hub, European Bank for Reconstruction and Development (EBRD) Director for Turkey Jean-Patrick Marquet told Anadolu Agency in an interview on June 5.
DUBAI - The Associated Press
Saudi Arabia’s stock market, valued at $585 billion, opened up to direct foreign investment for the first time on June 15, as the kingdom seeks an economic boost amid low global oil prices.
DUBAI - Reuters
The government of Egypt conducted its first international bond sale in five years on June 4, underlining a return of economic and political stability to the country after its Arab Spring uprising of 2011.
ISTANBUL - Reuters
Türkiye Finans, the largest Islamic bank in Turkey, told regulators that its chief executive Derya Gürerk had resigned from his position on June 12, an unexpected move at a time of growing competition in the sector.
The Turkish Lira slipped to 2.7 to the dollar on June 4 as the U.S. currency gained globally, while concerns that the parliamentary elections might result in a coalition government continued to weigh on sentiment
FRANKFURT - Reuters
The appointment of John Cryan as chief executive of Deutsche Bank sent shares in Germany’s largest lender up 8 percent on June 8 as investors judged the Briton a more credible contender than his two ousted predecessors to revive its fortunes
International credit rating agency Fitch has said Turkey’s banking sector will not be significantly affected by the takeover of Bank Asya.
LONDON - Reuters
Britain is prepared to review a tax on banks to head off the threat that large multinational banks like HSBC could leave London’s financial center and shift their operations overseas, the Sunday Times reported, citing industry sources
The Turkish currency fell for the eighth consecutive day on June 1, down around 0.8 percent against the U.S. dollar to 2.68
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