Turkey’s once mighty economic growth is slowing, as the country feels the impact of a hung parliament, geopolitical tensions in the region and the low oil price, leaving many hoping that snap elections called for November will bring with them some much needed stability.
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Latest articles from Turkey
Borsa Istanbul CEO looks to lead Turkey to a brighter future
September 1, 2015Borsa Istanbul's recent mergers with a series of other exchanges in Turkey have expanded its remit and influence significantly. Its CEO, Tuncay Dinc, tells Stefanie Linhardt how he hopes the bourse will lead both Istanbul's ambitions to become a major financial centre and Turkey's efforts to become a top 10 global economy.
Turkey's banks find their SME appetite
September 1, 2015Turkey's plethora of micro-businesses and SMEs offer huge opportunities for the country's banks, a fact that the lenders have only recently woken up to. Stefanie Linhardt looks at which institutions are best making up for this lost time.
Turkey's corporates embark on search for capital
September 1, 2015The fight to fund Turkey's large corporates is hotting up, as these businesses increasingly turn to capital markets, foreign banks or alternative lenders to fulfil their financial needs.
The top five banks in Turkey
June 16, 2015With political uncertainty hanging over Turkey following its June general election, The Banker ranks the top five local banks by Tier 1 capital.
Turkey keeps calm amid surrounding chaos
April 30, 2015While conflict and economic instability rage all around Turkey, the country is providing an oasis of calm, with an economy set to grow by 3% to 4% in 2015, and a young, educated population proving a draw for investors.
Turkey's banks defy difficult conditions and continue growing
April 30, 2015The Turkish banking sector is in good health, although the country's lower economic growth, political developments at home and abroad, and the continued impact of financial regulation on retail banking are acting as a brake on growth and profits.
How Turkish banks have grown from the inside out
March 4, 2015Much of the success of the Turkish banking sector is down to the internal practices of individual lenders, says Akbank chairperson Suzan Sabancı Dinçer, which means that the sector can expect to remain resilient, even when wider economic conditions are not in its favour.
Regulators burst Turkey's consumer credit boom
October 1, 2014The Turkish banking sector is riding a wave of expansion thanks to the country's growing population, but regulation curbing consumer lending is hitting revenues hard, leaving banks looking for new avenues of growth.
Turkey's finance minister pushes on with reform agenda
October 1, 2014Turkey’s finance minister talks about the challenges facing the country's newly formed government after its first presidential elections, and the challenges posed by Turkey’s high current account deficit and inflation.