Halkbank to grant loans to SMEs without complicated procedures

Halkbank, one of the largest public banks in Turkey, has prepared a package of easy loans for small and medium-sized enterprises (SMEs). The special bank credit plans within this package will be based not on the conventional banking principles, like high turnover and a strong balance sheet, but instead on trust.

SMEs' access to finance eased

The Turkish Union of Chambers and Commodities Exchanges (TOBB) and the Turkish Development Bank (TKB) signed a protocol of cooperation yesterday in Istanbul for a joint study to assess the

Financial crimes watchdog established

A bill that allows the establishment of the Financial Crimes Research Council and seeks to eliminate money laundering was passed by Parliament's General Assembly late on Wednesday. The new council will be