Categories Business HIGHLIGHTS Erdogan crony media boss in hock to state banks Atilla YeşiladaPosted on30 December, 2023 Pro-government Demirören Holding’s credit arrears to state-run Ziraat Bank have exceeded 25 million dollars, a … Continue ReadingErdogan crony media boss in hock to state banks
Categories Business Company & Industry General HIGHLIGHTS Ziraat Bank secures $1.24 billion loan Cem CetingucPosted on12 April, 2022 Turkey’s Ziraat Bank said on Monday that it had secured a syndicated loan totaling $1.24 … Continue ReadingZiraat Bank secures $1.24 billion loan
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
Categories Business Finance HIGHLIGHTS Germany cracks down on Turkish state lender Atilla YeşiladaPosted on1 September, 2021 Germany’s financial regulatory authority on August 26 announced a series of punitive measures against an … Continue ReadingGermany cracks down on Turkish state lender
