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Turkey's ability to maintain an atmosphere of stability and trust prompted the Central Bank to drop the overnight inter-bank rate, which was 44 per cent two years ago, to 20 per cent on Thursday. Finance Minister Kemal Unakitan hinted that...
According to a survey by the research company Konsensus, small- and medium-sized enterprises (SMEs) are losing hope over the economic…
#crisis#economic recovery#economy
BNP Paribas announced that it has agreed to explore a strategic partnership in the Turkish banking sector with the Зolakoрlu…
Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…
#bank#economy#insurance
Strategic Internet Investments, the Canadian investment company, is to purchase a 51 per cent controlling interest in Turkish factoring company,…
Following the Joint Economic Commission (KEK) meeting in Ankara, Deputy Prime Minister Abdullatif Sener and Slovenian Economy Minister Tea Tapetrin…
#Boost#economy#investments
State Minister Kursad Tuzmen has announced that Eximbank has cut its short-term lira export loan rates by two per cent…
#bank#exporters#interest
Teximbank operates programmes designed to insure exports against commercial and political risks. The majority of the companies accessing the service…
#exports#political risks#risk
The World Bank and Turkey have signed a US$303m Export Finance Intermediation Loan (EFIL) Agreement. The agreement was signed by…
Things are looking up in Turkey. The Fitch Agency, which issues international credit ratings, has upgraded both Turkey's credit rating…
#bank#banks#international
Turkey's exports rose 36.9 per cent year-on-year to US$4.73bn in January, the Turkish Exporters Assembly (TIM) said. Exports were US$3.45bn…
Toprak Factoring A.Ю., which was taken over by the Banking Regulation and Supervisory Agency (BRSA) in 2001, has announced that…
#bank#banks#investment
The year-on-year foreign trade deficit increased 44.4 per cent to $15.4bn in the first nine months, the State Institute of…
#exports#trade