With last year’s failed coup followed by a radical change in powers for Recep Tayyip Erdogan’s government, uncertainty is the watchword for Turkish banks. With a tumbling currency and pressure to cut interest rates, their outlook looks set to remain challenging. David O’Byrne and Stefanie Linhardt report.
Latest articles from Stefanie Linhardt
Turkey’s TEB reaps online early-mover reward
May 2, 2017As one of the first banks to venture into digital banking in Turkey, Turkiye Ekonomi Bank is enjoying the benefits of early investment, as Gökhan Mendi, senior assistant general manager, retail and private banking group, tells David O’Byrne.
Andreas Dombret: the German view of Brexit
March 28, 2017Andreas Dombret, member of the board at Deutsche Bundesbank, Germany's central bank, tells Stefanie Linhardt about the issues banks thinking of re-locating to Germany would have to consider, the negative consequences lower standards of regulation could bring for financial markets and the risks of a 'no deal' Brexit.
Czech finance minister looks to keep momentum going
March 1, 2017Having tackled the country's tax system in 2016, Czech Republic finance minister Andrej Babiš is turning his energies to the task of promoting growth while reducing the deficit. He talks to Stefanie Linhardt.
Sweden financial markets minister looks to build on momentum
March 1, 2017Sweden’s minister for financial markets and consumer affairs, Per Bolund, explains to Stefanie Linhardt how the country maintains its stable economy, and why the European Banking Association would be better off located in Stockholm.
Is Sweden’s stellar economy creating a housing bubble?
March 1, 2017Sweden is enjoying impressive economic growth, reflected in rising house prices and an increase in household debt. Now, fears of a property bubble are fuelling calls for the government to speed up measures to cool the market. Stefanie Linhardt reports.
Could tax and regulatory reform derail Sweden's strong showing?
March 1, 2017Sweden’s banks have survived the recent low interest rate environment and remain profitable. But a payroll tax on financial institutions and ongoing regulatory uncertainty threaten to take their toll. Stefanie Linhardt outlines the likely headwinds.
Top 100 Russian Banks ranking 2017: A bleak scene
February 1, 2017The Banker’s Top 100 Russian Banks ranking shows that losses are still widespread in the country’s banking sector, but greater resilience and capitalisation suggest a healthier future.
Q&A with Esther Puigcercós Font, general manager, Associació de Bancs Andorrans (Andorran Banking Association)
February 1, 2017The general manager of the Andorran Banking Association, Esther Puigcercós Font, tells Stefanie Linhardt how the country's banks are becoming more transparent, and explains how they are adhering to EU standards despite the country not being a member of the union.
Andorra finance minister continues on steady path to stability
February 1, 2017Andorra’s finance minister, Jordi Cinca, explains to Stefanie Linhardt how budget consolidation and investment in tourist infrastructure are aiding the country’s slow but steady recovery from recession.