Categories Economy Finance HIGHLIGHTS Politics Turkey’s Odd Bond Yields Show a Market Warped by Erdogan Güldem AtabayPosted on13 September, 2022 Turkish debt markets are becoming increasingly disconnected from economic reality as the government’s lira and … Continue ReadingTurkey’s Odd Bond Yields Show a Market Warped by Erdogan
Categories Company & Industry Economy Finance HIGHLIGHTS Markets Tech A success story: Turkish gaming withstands economic crisis Cem CetingucPosted on13 September, 202213 September, 2022 Over the last few years, Turkey has become one of the world’s fastest growers in … Continue ReadingA success story: Turkish gaming withstands economic crisis
Categories Business Finance General HIGHLIGHTS Politics Turkish banks left paralysed due to new regulations Cem CetingucPosted on13 September, 2022 Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations raised … Continue ReadingTurkish banks left paralysed due to new regulations
Categories Business Company & Industry Finance General HIGHLIGHTS Tech Turkish unicorns: Digital transformation and government support is crucial Cem CetingucPosted on13 September, 2022 Turkey became the 10th country to attract the most investment among European countries over two … Continue ReadingTurkish unicorns: Digital transformation and government support is crucial
Categories Company & Industry Finance General HIGHLIGHTS Markets Unistream to launch instant money transfers to Turkey, India Cem CetingucPosted on12 September, 2022 Russian bank Unistream, which specialises in money transfers, has seen a surge in remittances since … Continue ReadingUnistream to launch instant money transfers to Turkey, India
Categories Economy Finance HIGHLIGHTS Danske Bank: USD/TRY could move towards 25 in 12M Atilla YeşiladaPosted on3 September, 2022 TL forecast … Read More >Danske Bank: USD/TRY could move towards 25 in 12M
Categories Finance General HIGHLIGHTS HYPED Goldman Sachs revises Turkey GDP growth forecast Cem CetingucPosted on2 September, 20222 September, 2022 Goldman Sachs said on Thursday it had raised its forecast for Turkey’s 2022 GDP growth … Continue ReadingGoldman Sachs revises Turkey GDP growth forecast
Categories Business Finance General HIGHLIGHTS Fitch: Gulf banks with Turkey exposure lose further Cem CetingucPosted on31 August, 2022 Gulf banks with exposure to Turkey are expected to make further net monetary losses on … Continue ReadingFitch: Gulf banks with Turkey exposure lose further
Categories Economy Finance General HIGHLIGHTS HYPED Turkish government plans to cancel debts of 6 million citizens Cem CetingucPosted on26 August, 2022 Debts of some 6 million people, including those to utilities and phone companies, amounting to … Continue ReadingTurkish government plans to cancel debts of 6 million citizens
Categories Business Company & Industry Finance HIGHLIGHTS Y.F. Top Picks: Adding AKBN & VAKBN, Removing GARAN Cem CetingucPosted on25 August, 2022 AKBNK/VAKBN in, GARAN out We add AKBNK and VAKBN to our model portfolio, while removing … Continue ReadingY.F. Top Picks: Adding AKBN & VAKBN, Removing GARAN
Categories Economy Finance General HIGHLIGHTS Politics Turkey Pushes Banks to Keep Commercial Loan Interest Rates Low Güldem AtabayPosted on21 August, 2022 Turkey is pushing commercial lenders to slash interest rates charged on loans to companies after … Continue ReadingTurkey Pushes Banks to Keep Commercial Loan Interest Rates Low
Categories Finance HIGHLIGHTS Economist Mustafa Sonmez: How Central Bank of Turkey found $17.5 bn in two weeks? Atilla YeşiladaPosted on20 August, 2022 How did Central Bank gain $17.5 bn in FX reserves? Mystery solved … Read More >Economist Mustafa Sonmez: How Central Bank of Turkey found $17.5 bn in two weeks?
Categories Finance HIGHLIGHTS Natasha Turak/CNBC-E: Turkey shocks markets with rate cut despite inflation near 80% Atilla YeşiladaPosted on18 August, 2022 Turkey’s central bank shocked markets Thursday with a cut to its benchmark policy rate, despite … Continue ReadingNatasha Turak/CNBC-E: Turkey shocks markets with rate cut despite inflation near 80%
Categories Finance HIGHLIGHTS July budget analysis: So far, so good Atilla YeşiladaPosted on15 August, 2022 YTD budget outturn exceeds expectations, YE target within reach … Read More >July budget analysis: So far, so good
Categories Business Finance HIGHLIGHTS Moody’s downgrades Turkey “at midnight hour” Atilla YeşiladaPosted on12 August, 2022 Ratings agency Moody’s on Friday lowered Turkey’s sovereign credit rating by one notch to “B3” … Continue ReadingMoody’s downgrades Turkey “at midnight hour”
Categories Finance HIGHLIGHTS Politics Opposition leader wows to scratch FX protected deposit scheme Atilla YeşiladaPosted on10 August, 2022 According to our survey of July-August polls, main opposition leader and top presidential hopeful to … Continue ReadingOpposition leader wows to scratch FX protected deposit scheme
Categories Economy Finance HIGHLIGHTS Turkey Bears Are on Back Foot Amid Global Rebound, Russian Cash Güldem AtabayPosted on9 August, 2022 The return of optimism to global markets is lifting one of its most troubled corners … Continue ReadingTurkey Bears Are on Back Foot Amid Global Rebound, Russian Cash
Categories Business Finance HYPED Turkey’s banks are adopting Russian payments system: Erdogan Atilla YeşiladaPosted on8 August, 2022 Five Turkish banks have adopted Russia’s Mir payments system, Turkey’s President Recep Tayyip Erdogan said … Continue ReadingTurkey’s banks are adopting Russian payments system: Erdogan
Categories Finance HIGHLIGHTS In Desperate Need Of FX, Turkish Central Bank Sends Gold To London Atilla YeşiladaPosted on6 August, 2022 After having repatriated 104 tonnes from the Bank of England (BOE) in 2018, the Central … Continue ReadingIn Desperate Need Of FX, Turkish Central Bank Sends Gold To London
Categories Columnists Cüneyt Akman Finance HIGHLIGHTS OPINION: Turkey has a foreign debt financing problem Atilla YeşiladaPosted on5 August, 2022 Turkey’s current account is expected to record a deficit of $3.4 billion in June and … Continue ReadingOPINION: Turkey has a foreign debt financing problem
