Categories Business Finance HIGHLIGHTS Turkish Banks: Sensitivity of capital ratios to currency and asset quality Cem CetingucPosted on25 November, 202125 November, 2021 We update our interactive spreadsheet to stress capital positions with Q3 results: The unfavourable outlook … Continue ReadingTurkish Banks: Sensitivity of capital ratios to currency and asset quality
Categories Business WEF: How reskilling can play a key role in Turkey’s recovery Atilla YeşiladaPosted on20 November, 2021 As Turkey prepares to accelerate the transformation of its economy during the COVID-19 recovery, leveraging … Continue ReadingWEF: How reskilling can play a key role in Turkey’s recovery
Categories Business Company & Industry Getir poised to buy discount market chain Cem CetingucPosted on14 November, 2021 Turkish fast grocery-delivery company Getir has signed a non-binding deal to buy shares of Sok … Continue ReadingGetir poised to buy discount market chain
Categories Business Economy BBVA Turkey | Industrial Production remained strong in 3Q Atilla YeşiladaPosted on13 November, 2021 Industrial Production (IP) grew parallel to expectations by 8.9% yoy in calendar adjusted terms (8.8% … Continue ReadingBBVA Turkey | Industrial Production remained strong in 3Q
Categories Business Economy HYPED Kaya Özyürek and Joseph Wang on Central Banking Atilla YeşiladaPosted on12 November, 2021 Kaya Özyürek and Joseph Wang, former senior trader on the open market operations desk … Continue ReadingKaya Özyürek and Joseph Wang on Central Banking
Categories Business Emerging Markets General HIGHLIGHTS Robert M Cutler: A Geopolitical Reshuffle in the South Caucasus Atilla YeşiladaPosted on9 November, 2021 One of its most important points in the trilateral statement signed by Armenia’s prime minister … Continue ReadingRobert M Cutler: A Geopolitical Reshuffle in the South Caucasus
Categories Business HYPED Energy shock adds to Turkey’s winter woes Atilla YeşiladaPosted on6 November, 2021 Turkey is acing a cold winter, as the global energy shock is starting to reach … Continue ReadingEnergy shock adds to Turkey’s winter woes
Categories Business HIGHLIGHTS Markets Commerzbank: All hell breaks loose—for TL Atilla YeşiladaPosted on28 October, 2021 A silly Inflation Report, presented by governor Prof Sahap Kavcioglu who was visibly in pain … Continue ReadingCommerzbank: All hell breaks loose—for TL
Categories Business Company & Industry HIGHLIGHTS Energy shock promises a cold winter Atilla YeşiladaPosted on27 October, 2021 As the world wrestles with soaring energy prices just ahead of winter, Turkey is revving … Continue ReadingEnergy shock promises a cold winter
Categories Business Economy Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on27 October, 2021 Foreign trade deficit decreased by 47.5% YoY to US2.5bn in September (Aug.21: USD-4.3bn, Sep.20: USD-4.9bn) … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Business HYPED Markets FDD: Landmark Iran Sanctions Ruling Against Turkish Public Lender Builds U.S. Deterrence Atilla YeşiladaPosted on27 October, 2021 A U.S. appeals court ruled on October 22 that Halkbank, a public lender majority-owned by … Continue ReadingFDD: Landmark Iran Sanctions Ruling Against Turkish Public Lender Builds U.S. Deterrence
Categories Business Company & Industry Ergun Unutmaz: Sisecam DCF Valuation and Comments Cem CetingucPosted on25 October, 2021
Categories Business HIGHLIGHTS Politics Turkey’s external woes compounded by Halkbank case Atilla YeşiladaPosted on23 October, 2021 Turkish state lender Halkbank must face criminal charges that it evaded sanctions against Iran by … Continue ReadingTurkey’s external woes compounded by Halkbank case
Categories Business Company & Industry Turkish Banks: Still cheap but less cheerful Cem CetingucPosted on21 October, 2021 Going through an easing cycle but concerns on inflation still lingering Following the CBRT’s 100 … Continue ReadingTurkish Banks: Still cheap but less cheerful
Categories Atilla Yeşilada Business Economy HIGHLIGHTS The rate cut conundrum: What will Erdogan do? Atilla YeşiladaPosted on20 October, 2021 I have read three surveys by Turkish press outlets, all of which find that the … Continue ReadingThe rate cut conundrum: What will Erdogan do?
Categories Business Erdogan seeks deal in Turkey-Africa summit Cem CetingucPosted on20 October, 2021 Turkish President Recep Tayyip Erdogan kicked off a whistle-stop tour of African countries on Monday, … Continue ReadingErdogan seeks deal in Turkey-Africa summit
Categories Business General HIGHLIGHTS Markets Daily market bulletin: Markets, 2022 budget, Treasury auctions, FATF Atilla YeşiladaPosted on20 October, 2021 MSCI Turkey outperformed the MSCI EM by 0.1% yesterday. BIST-100 gained 0.9%, closing at the … Continue ReadingDaily market bulletin: Markets, 2022 budget, Treasury auctions, FATF
Categories Business Company & Industry Turkey sealed a three-year, 11 billion cubic metres (bcm) natural gas accord with Azerbaijan Cem CetingucPosted on16 October, 2021 Turkey has sealed a three-year, 11 billion cubic metres (bcm) natural gas accord with Azerbaijan … Continue ReadingTurkey sealed a three-year, 11 billion cubic metres (bcm) natural gas accord with Azerbaijan
Categories Business Company & Industry Pegasus (PGSUS TI) evolving towards a recovery: Buy Cem CetingucPosted on16 October, 202116 October, 2021 Traffic and revenue Traffic moving in line with the company’s expectations, evolving towards a recovery … Continue ReadingPegasus (PGSUS TI) evolving towards a recovery: Buy
Categories Business Finance Share of foreigners in Borsa Istanbul decreased to 41.54 percent Cem CetingucPosted on15 October, 2021 The share of foreigners in Borsa Istanbul decreased to 41.54 percent. According to the information … Continue ReadingShare of foreigners in Borsa Istanbul decreased to 41.54 percent
