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 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 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 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 Business HIGHLIGHTS Government adding capital to state lenders, again Atilla YeşiladaPosted on21 January, 2022 Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they … Continue ReadingGovernment adding capital to state lenders, again
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
