Categories Business HIGHLIGHTS VoA: Supreme Court reviewing Halkbank appeal Atilla YeşiladaPosted on6 February, 2022 The deadline for Halkbank’s application to the US Constitutional Court regarding the dismissal of the … Continue ReadingVoA: Supreme Court reviewing Halkbank appeal
Categories Business Politics Media: Erdogan & Herzog to discuss NG pipeline Atilla YeşiladaPosted on4 February, 2022 Turkey and Israel can work together to carry Israeli natural gas to Europe and the … Continue ReadingMedia: Erdogan & Herzog to discuss NG pipeline
Categories Business Company & Industry Finance HIGHLIGHTS SISE Buy: Top-line growth to offset margin decline Cem CetingucPosted on2 February, 2022 2022 is mainly about top-line growth. We believe 2021 concluded with firmer operating margins y-o-y … Continue ReadingSISE Buy: Top-line growth to offset margin decline
Categories Business Company & Industry Economy General HIGHLIGHTS Erdoğan announces electricity price adjustment as Turks protest hikes Cem CetingucPosted on2 February, 2022 Turkish President Recep Tayyip Erdoğan announced an adjustment in the calculation of electricity prices after … Continue ReadingErdoğan announces electricity price adjustment as Turks protest hikes
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on1 February, 2022 In January, manufacturing CUR and construction confidence index decreased whereas real sector, service and retail … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Banks: Q4 21 results – What to expect? Cem CetingucPosted on1 February, 2022 Q4 2021 earnings season will start next week. We expect 39% earnings growth qoq and … Continue ReadingTurkish Banks: Q4 21 results – What to expect?
Categories Business Company & Industry General HIGHLIGHTS Industry and technology minister: Turkey top home appliances exporter in Europe in 2021 Cem CetingucPosted on1 February, 2022 Turkey took top honors as the largest home appliances exporter in Europe in 2021, the … Continue ReadingIndustry and technology minister: Turkey top home appliances exporter in Europe in 2021
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Banks: Sector Monthly Data Cem CetingucPosted on1 February, 2022 29% monthly ROE on lower provision expenses Turkish banking sector’s December net income is up … Continue ReadingTurkish Banks: Sector Monthly Data
Categories Business HYPED Markets Goldman Sachs: Turkey Banks- Taking stock of the latest sector trends Atilla YeşiladaPosted on30 January, 2022 What is new? As of January 19, the aggregate banking sector balance sheet showed a … Continue ReadingGoldman Sachs: Turkey Banks- Taking stock of the latest sector trends
Categories Business HIGHLIGHTS Energy shortages to deal blow to exporters, supply chain center ambitions Atilla YeşiladaPosted on28 January, 2022 Turkish industrial representatives continue to warn that production could be at risk if the energy … Continue ReadingEnergy shortages to deal blow to exporters, supply chain center ambitions
Categories Business Company & Industry General HIGHLIGHTS Tesla plans to tap into Turkish market with all four vehicles in 2022 Cem CetingucPosted on28 January, 202228 January, 2022 Tesla is reportedly planning for a coordinated and structured launch of its vehicle product line … Continue ReadingTesla plans to tap into Turkish market with all four vehicles in 2022
Categories Business HIGHLIGHTS CYRIL WIDDERSHOVEN: Turkey Sees Energy Crisis Worsen Amid Russia-Ukraine Tensions Atilla YeşiladaPosted on26 January, 2022 Turkey’s goal to become an energy hub seems to be further away than ever before, … Continue ReadingCYRIL WIDDERSHOVEN: Turkey Sees Energy Crisis Worsen Amid Russia-Ukraine Tensions
Categories Business Company & Industry HIGHLIGHTS $2 billion investment is on it’s way from Turkish Auto parts industry Cem CetingucPosted on25 January, 2022 Turkey’s automotive parts supplier companies plan to undertake investments worth $2 billion this year, up from … Continue Reading$2 billion investment is on it’s way from Turkish Auto parts industry
Categories Business HYPED Markets Garanti BBVA: 4Q21E Earnings Estimates Atilla YeşiladaPosted on24 January, 2022 The earnings season will begin on January 26 with the announcement of Arcelik’s financials. Among … Continue ReadingGaranti BBVA: 4Q21E Earnings Estimates
Categories Business Another human-made disaster in Turkey: Energy cuts to industry Atilla YeşiladaPosted on24 January, 2022 The Turkish Electricity Transmission Corporation (TEİAŞ) has warned the organized industrial zones across Turkey that … Continue ReadingAnother human-made disaster in Turkey: Energy cuts to industry
Categories Business HIGHLIGHTS Markets 2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy Atilla YeşiladaPosted on24 January, 2022 The World economy is shifting to policy normalization after the ultra-loose policy setting of the … Continue Reading2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy
Categories Business General HIGHLIGHTS Economy Czar Nebati makes headlines with new bloopers Atilla YeşiladaPosted on23 January, 2022 Turkish Finance Minister Nureddin Nebati told economists he expects the inflation rate to peak at … Continue ReadingEconomy Czar Nebati makes headlines with new bloopers
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Airlines: Cargo and FX remain near-term drivers Cem CetingucPosted on21 January, 2022 Cargo-driven FY21 sets a high base for FY22e profits. With revised forecasts in this note, … Continue ReadingTurkish Airlines: Cargo and FX remain near-term drivers
Categories Business HIGHLIGHTS Government adding capital to state lenders, again Atilla YeşiladaPosted on21 January, 2022 Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they … Continue ReadingGovernment adding capital to state lenders, again
Categories Business Company & Industry HIGHLIGHTS Markets EBRD, FMO lends 80 million dollars to Borusan Energy Cem CetingucPosted on20 January, 202220 January, 2022 The European Bank for Reconstruction and Development (EBRD) said on Wednesday that together with the … Continue ReadingEBRD, FMO lends 80 million dollars to Borusan Energy
