Categories Finance HIGHLIGHTS Türkiye: Banking Sector Outlook, 2Q 2024 Cem CetingucPosted on2 September, 2024 The slowdown in credit growth started to become more pronounced towards the end of 2Q24 … Continue ReadingTürkiye: Banking Sector Outlook, 2Q 2024
Categories Company & Industry Economy HIGHLIGHTS Turkish Banks’ NII Conundrum Is Being Resolved Cem CetingucPosted on25 March, 202422 June, 2024 Turkish Banks’ Margin Defense Looks Solid Despite Rising Rates (Bloomberg Intelligence) — Akbank, Garanti, Isbank … Continue ReadingTurkish Banks’ NII Conundrum Is Being Resolved
Categories Finance General HIGHLIGHTS Markets EBRD invested €1.63 billion in Turkey in 2022 Cem CetingucPosted on26 January, 2023 The European Bank for Reconstruction and Development (EBRD) invested €1.63 billion in Türkiye in 2022, the highest … Continue ReadingEBRD invested €1.63 billion in Turkey in 2022
Categories Business HIGHLIGHTS HYPED Politics Turkey cuts Russian bank ties due to US pressure Cem CetingucPosted on29 September, 202229 September, 2022 Turkey’s booming wartime trade with Moscow took a giant step back on Wednesday with confirmation … Continue ReadingTurkey cuts Russian bank ties due to US pressure
Categories Business Finance HIGHLIGHTS HYPED Turkish bank stocks fall 10 percent after futures-driven rally Cem CetingucPosted on15 September, 202215 September, 2022 Turkey’s bank stocks tumbled the maximum permitted 9.9% on Wednesday, reversing a multi-week rally driven … Continue ReadingTurkish bank stocks fall 10 percent after futures-driven rally
Categories Economy Finance HIGHLIGHTS Foreign investors in talks for Turkey’s problem loans, asset manager says Güldem AtabayPosted on6 April, 2022 Foreign investors are interested in taking on some of Turkey’s $47 billion in problem loans … Continue ReadingForeign investors in talks for Turkey’s problem loans, asset manager says
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 Business Finance Y.F. Equity Strategy Report: Running to stand still Cem CetingucPosted on21 September, 202121 September, 2021 We are moving our BIST-100 target to 1,875 (previously 1,750), while underlining risks that lower … Continue ReadingY.F. Equity Strategy Report: Running to stand still
Categories Company & Industry Economy Turkish Banks: Sector Monthly Data Cem CetingucPosted on7 September, 2021 Lower monthly ROE of 12% due to higher trading loss Turkish banking sector’s July net … Continue ReadingTurkish Banks: Sector Monthly Data
Categories Business Company & Industry VAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020 Cem CetingucPosted on15 August, 2021 2Q results slightly above estimates on lower CoR The bank announced its 2Q21 solo net … Continue ReadingVAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020
Categories Business Company & Industry Turkish Banks: Sector Monthly Data Cem CetingucPosted on6 August, 2021 Strong monthly ROE of 17% on higher other income Turkish banking sector’s June net income … Continue ReadingTurkish Banks: Sector Monthly Data
Categories Economy HIGHLIGHTS Elections re-loading: Turkey’s banks set for capital healing after pandemic battle -sources Güldem AtabayPosted on8 July, 2021 Turkey is considering a fresh capital injection for state banks but they also need a … Continue ReadingElections re-loading: Turkey’s banks set for capital healing after pandemic battle -sources
