Categories Business Finance HIGHLIGHTS Two state banks raise $1.1 bn from “undisclosed“ sources Atilla YeşiladaPosted on17 August, 202317 August, 2023 Ziraat Bank announced that it has obtained long-term foreign financing of 600 million dollars from … Continue ReadingTwo state banks raise $1.1 bn from “undisclosed“ sources
Categories Business Finance HIGHLIGHTS Western banks pull out of Turkey financing, UAE jumps into the void Atilla YeşiladaPosted on15 June, 2023 United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left … Continue ReadingWestern banks pull out of Turkey financing, UAE jumps into the void
Categories Business HIGHLIGHTS Turkey’s Coming Debt Trap | Real Turkey Atilla YeşiladaPosted on30 December, 2021 Marry X-Mas and Season’s Greetings to all inhabitants of Planet Earth. Debt has become … Continue ReadingTurkey’s Coming Debt Trap | Real Turkey
Categories General HIGHLIGHTS Politics Nikkei Asia: Turkish elections may hinge on short window of lira calm Atilla YeşiladaPosted on26 December, 2021 After an unprecedented week for Turkey’s currency, one that saw the lira appreciate over 70% … Continue ReadingNikkei Asia: Turkish elections may hinge on short window of lira calm
Categories Economy Current account in balance, but foreign debt payments a problem Editor P.A.Posted on4 May, 202021 May, 2020 Foreign trade deficit increased by 72% yoy in February According to TURKSTAT, the volume of … Continue ReadingCurrent account in balance, but foreign debt payments a problem