Categories Economy Finance HIGHLIGHTS BofA Turkey visit note: 1Q pessimism out summer optimism in Atilla YeşiladaPosted on22 May, 2024 Key takeaways Tighter policy and support for the new economic program has turned both locals … Continue ReadingBofA Turkey visit note: 1Q pessimism out summer optimism in
Categories Finance HIGHLIGHTS BIST rally expected to accelerate if Turkey exits FATF grey list Cem CetingucPosted on20 May, 202420 May, 2024 Turkey’s removal from the FATF grey list and the reopening of swap channels for foreign … Continue ReadingBIST rally expected to accelerate if Turkey exits FATF grey list
Categories Finance HIGHLIGHTS New Turkey crypto bill draws international attention Cem CetingucPosted on20 May, 202420 May, 2024 Turkish President Tayyip Erdogan’s ruling party has introduced a draft law to parliament, mandating licensing … Continue ReadingNew Turkey crypto bill draws international attention
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets Video: Suddenly, Turkish Lira is the king of Emerging Markets Atilla YeşiladaPosted on18 May, 2024 It is a funny world we live in. Only in March, Turkey was on the … Continue ReadingVideo: Suddenly, Turkish Lira is the king of Emerging Markets
Categories Company & Industry Finance HIGHLIGHTS Petkim: Raise estimates on updated FX; fundamentals remain challenging Cem CetingucPosted on15 May, 2024 Inflation accounting: Petkim has applied TAS 29 “Financial reporting in hyperinflationary economies” in its consolidated … Continue ReadingPetkim: Raise estimates on updated FX; fundamentals remain challenging
Categories Finance HIGHLIGHTS Markets Turkey attracts $1.5B in foreign direct investment in Q1 Cem CetingucPosted on14 May, 202414 May, 2024 Foreign direct investment (FDI) flows to Türkiye stood at $1.5 billion (TL 48 billion) in … Continue ReadingTurkey attracts $1.5B in foreign direct investment in Q1
Categories Finance HIGHLIGHTS FATF Team Visits Turkey Ahead of ‘Grey List’ Decision, Sources Say Cem CetingucPosted on13 May, 2024 Adelegation from the Financial Action Task Force (FATF) conducted meetings with Turkish authorities last week, … Continue ReadingFATF Team Visits Turkey Ahead of ‘Grey List’ Decision, Sources Say
Categories Business Finance HIGHLIGHTS Major Turkish lender rejects new Russian accounts Atilla YeşiladaPosted on11 May, 2024 Turkish Deniz Bank – one of the largest in the country, has significantly tightened the … Continue ReadingMajor Turkish lender rejects new Russian accounts
Categories Company & Industry Finance HIGHLIGHTS 1Q24 Banking Sector Earnings Preview Cem CetingucPosted on30 April, 2024 Banks will start to disclose their Q1 24 financials with Garanti before the market open … Continue Reading1Q24 Banking Sector Earnings Preview
Categories Finance General HIGHLIGHTS Mehmet Simsek refutes spat with Erdogan, wows to pursue austerity measures Atilla YeşiladaPosted on17 April, 2024 Turkey’s Treasury and Finance Minister Mehmet Şimşek has denied allegations of a “crisis” between him … Continue ReadingMehmet Simsek refutes spat with Erdogan, wows to pursue austerity measures
Categories Finance HIGHLIGHTS Central Bank/Fatih Karahan: Turkey committed to combat inflation, data will determine if additional tightening is needed Atilla YeşiladaPosted on17 April, 202417 April, 2024 Speaking at a Peterson Institute panel in Washington DC, Karahan said that it’s not been … Continue ReadingCentral Bank/Fatih Karahan: Turkey committed to combat inflation, data will determine if additional tightening is needed
Categories Company & Industry Economy Finance HIGHLIGHTS Fitch Raises TWF’s Rating to B+ with Positive Outlook Cem CetingucPosted on27 March, 202427 March, 2024 Fitch’s latest move upgrades Türkiye Wealth Fund’s rating to B+ and signals a positive outlook, … Continue ReadingFitch Raises TWF’s Rating to B+ with Positive Outlook
Categories Company & Industry Finance HIGHLIGHTS Branchout Türkiye Unveils Türkiye M&A Outlook 2023 Report Cem CetingucPosted on27 March, 2024 Evidence of a contracting global economy was also manifested in merger and acquisition (M&A) activities … Continue ReadingBranchout Türkiye Unveils Türkiye M&A Outlook 2023 Report
Categories Finance Güldem Atabay HIGHLIGHTS Guldem Atabay: Will CB rate hike attract foreign investment? Is dollarization over? Atilla YeşiladaPosted on24 March, 202425 March, 2024 Foreign investors’ interest in Turkish financial markets remains high, as judged by comments in global … Continue ReadingGuldem Atabay: Will CB rate hike attract foreign investment? Is dollarization over?
Categories Atilla Yeşilada Finance HIGHLIGHTS Video commentary: Central Bank’s surprise rate hikes reshapes economy, politics Atilla YeşiladaPosted on22 March, 2024 Real Turkey Channel frontperson Atilla Yesilada claims the rate hike by Central Bank of … Continue ReadingVideo commentary: Central Bank’s surprise rate hikes reshapes economy, politics
Categories Finance HIGHLIGHTS Markets TURKEY rate hike: What did fund managers say? Atilla YeşiladaPosted on22 March, 2024 Turkey’s central bank has unexpectedly raised its key interest rate as the country continues to … Continue ReadingTURKEY rate hike: What did fund managers say?
Categories Economy Finance Güldem Atabay HIGHLIGHTS Turkey’s central bank shows muscle with 500 bps rate hike: What’s next from here? Güldem AtabayPosted on21 March, 202421 March, 2024 The Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) … Continue ReadingTurkey’s central bank shows muscle with 500 bps rate hike: What’s next from here?
Categories Economy Finance HIGHLIGHTS Tim Ash: Turkey – another critical MPC meeting Atilla YeşiladaPosted on20 March, 2024 The CBRT’s MPC meets again this week in what is shaping up to be a … Continue ReadingTim Ash: Turkey – another critical MPC meeting
Categories Company & Industry Economy Finance HIGHLIGHTS Markets TEPAV: Rate hike should be 500 bps as two main problems emphasized Güldem AtabayPosted on19 March, 202419 March, 2024 In its ‘Monetary Policy Assessment Note’, TEPAV emphasized that the policy rate should be raised … Continue ReadingTEPAV: Rate hike should be 500 bps as two main problems emphasized
Categories Economy Finance HIGHLIGHTS Türkiye’s short-term external debt stock declines on January Cem CetingucPosted on18 March, 2024 Türkiye’s short-term external debt stock was recorded at $174.9 billion at the end of January, … Continue ReadingTürkiye’s short-term external debt stock declines on January
