Latest articles from Turkey

Turkey innovation

Turkey takes the lead in banking technology

September 1, 2011

Turkey's banks boast the kind of technology that would make many a US or European CIO envious. How have they managed to so comprehensively leapfrog their Western counterparts, and can this growth continue?

Metin Ar

Breakthrough year for Istanbul's international financial centre ambitions

June 1, 2011

High valuations, rising equity issuance and plentiful financing in a growing variety of formats all point to Istanbul making progress toward its goal of becoming an international financial centre.

Turkey Durmus Yilmaz

Uncertainty reigns as Turkey takes two-pronged monetary policy approach

May 4, 2011

Turkey’s central bank is attempting an unusual combination of tightening monetary policy using reserve requirements, while combating speculative inflows through interest rate cuts. But the outcome remains uncertain.


Turkish banks draw battle lines in fight for customer market share

May 4, 2011

Many Turkish banks enjoyed record results in 2010, with high return on equity, efficient operations, strong capital ratios and falling inflation. However, changing domestic economic conditions will drive new strategies in 2011 and beyond.

Akbank's solid foundations

February 11, 2011

Akbank chairwoman Suzan Sabanci Dinçer discusses Akbank's plans to consolidate a strong position in its home market while exploiting its relationship with Citi to push forward overseas expansion

Ferit Sahenk

Acquisition drives regional ambition

December 23, 2010

BBVA's acquisition of almost 25% of Garanti Bankasi will give the Turkish bank a huge boost in its efforts to become a major player in eastern Europe, the Middle East and north Africa, according to Garanti's chairman. Writer Metin Demirsar

Deriner Dam was built to reduce Turkey's energy dependency, but was criticised because its impact on key historical sites

Turkey grapples with project finance demands

December 23, 2010

Turkey is facing the task of doubling its installed power-generating capacity in the next decade, while also speeding up reforms in the energy sector to ensure planned projects can gain access to finance. Writer David O'Byrne

Wealth of promise

September 29, 2010

A flourishing private banking sector is developing in Turkey, as bank and wealth managers compete for the deposits of the wealthy, causing some high-net-worth Turkish individuals and institutional investors that previously entrusted their funds to European and US banks to shift their business to domestic institutions. Writer Metin Demirsar

Survival built on trust

September 29, 2010

Over the past eight years, Yapi Kredi has been taken over by Turkey's banking regulators, sold and then merged with a smaller bank, yet it still emerged from the recent global financial crisis in robust shape. The secret, according to its CFO, is looking after the customers. Writer David O'Byrne

A smooth transition

September 29, 2010

The lack of fuss surrounding GE Money's sale of its 21% share of Turkey's Garanti Bank is a testament to the bank's strong performance and the trust engendered by the country's banking regulator. Writer David O'Byrne

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