Nation’s banks holding up despite crisis on back of sufficient liquidity and developed digital channels.

Turkey's economy has fallen into recession, inflation rates are high and concerns are being raised about the president's approach. The Banker assesses the options the country has.

With Turkey's economy in a downturn, the interventionist Erdogan government is keen for state and private banks to provide cheaper credit. 

Strained international relations and the economic interventions of its president are denting confidence in Turkey's economy, putting pressure on its banks.

Turkey's economy has been hit by a plummeting lira, populist policies from its president and a tariff war with the US. The Banker looks at its prospects.

Turkey’s banks enjoyed a bumper year in 2017, but a combination of foreign currency debt, internal strife and strained relations with the US could spell the end for the good times. Tom Stevenson reports.

Amid rumours that Turkey’s president Recep Tayyip Erdogan may be bringing elections forward to mid-2018, observers fear a pumped-up ‘campaign economy’ will overheat. Tom Stevenson reports.

The Turkish government has launched a bold stimulus programme aimed at lifting the economy out of its slump ahead of coming elections, but at what long-term cost to the nation’s finances? Tom Stevenson reports.

After 2016’s coup attempt in Turkey, president Recep Tayyip Erdoğan has tightened his grip on power. While some banks say his economic stimulus programme has benefited them, others believe his interventions, such as calls for rate cuts, represent a political risk. Tom Stevenson reports.

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.