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.

As 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.

Following a stormy 2016 blighted by a failed coup and a spate of terror attacks, Turkey's weakened economy has shown signs of recovery. But with a divisive referendum campaign dominating the first months of 2017, questions about the recovery's resilience remain. David O'Byrne reports.

While Turkey's economic picture is by no means rosy, due in no small part to its political uncertainty and lack of capital, the country remains one of the stronger performing emerging markets, as demonstrated by its impressive bond market activity in 2016.

Despite a slowing economy, political turbulence and currency depreciation, Turkey’s banks have remained healthy. But rising costs and falling profitability have some in the industry worried, as Tom Stevenson discovers.

When Turkey’s largest private bank, Isbank, issued its first bond in 18 months it opted to go against convention and not embark upon a roadshow. Joanne Hart finds out why.