Categories Company & Industry HIGHLIGHTS Markets Turkish stock rally accelerates on the back of banks Atilla YeşiladaPosted on19 February, 2024 Borsa Istanbul breaks records led by banking stocks, with the main BIST-100 Index gaining 1.33 … Continue ReadingTurkish stock rally accelerates on the back of banks
Categories Business HYPED Markets JP Morgan downgrades Turkish state banks Atilla YeşiladaPosted on29 June, 2022 Pricing in dilutive capital raise; downgrade to Underweight We update our models for Halkbank … Continue ReadingJP Morgan downgrades Turkish state banks
Categories General HIGHLIGHTS ‘The Turkish Gatsby,’ enjoys lavish life in Miami Cem CetingucPosted on8 December, 2021 Facing 130 years in prison, infamous Turkish-Iranian money launderer Reza Zarrab took a plea deal … Continue Reading‘The Turkish Gatsby,’ enjoys lavish life in Miami
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 Company & Industry Finance Fitch Ratings: Turkish banks have enough FC liquidity Cem CetingucPosted on27 September, 2021 Turkey’s seven largest banks have sufficient short-term foreign currency (FC) liquidity to service FC debt during the … Continue ReadingFitch Ratings: Turkish banks have enough FC liquidity
Categories Company & Industry Finance HSBC: Turkish Banks Cem CetingucPosted on22 September, 2021 Improving margins to boost core PPI in 2H21e and … We reiterate our view that … Continue ReadingHSBC: Turkish Banks
Categories Business Company & Industry HALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle Cem CetingucPosted on26 July, 2021 Higher funding and credit risk costs remain as risk factors Following the strong loan growth … Continue ReadingHALKB: 2Q Preview, Target Price & Rating Revision – Uphill Battle
Categories Company & Industry Politics Halkbank seeks the end of U.S. prosecution due to Iran sanctions violations Cem CetingucPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingHalkbank seeks the end of U.S. prosecution due to Iran sanctions violations
Categories General More legal trouble for Turkey in US courts Atilla YeşiladaPosted on9 April, 2021 It is a well known story that Turkey’s state-owned lender Halkbank is accused by U.S. … Continue ReadingMore legal trouble for Turkey in US courts
