Latest articles from Turkey

competing for dominance

Emerging markets face currency conundrum

April 2, 2012

A combination of policy intervention in emerging markets and high residual risks in developed markets means volatility in emerging market currencies looks set to continue.

Hakan Binbaşgil

Akbank's master of reinvention

March 1, 2012

The new CEO of Akbank, Hakan Binbaşgil, explains to Brian Caplen how the past decade has seen the bank transformed by its embracing of new technology, pioneering new channels, targeting Turkey's youthful population, and keeping the customer central to everything it does.

Global banks go back to basics

March 1, 2012

Investors appear to have lost confidence in diversified cross-border banking models, forcing banks to decide what they do best.

Erdem Basci

Short-term thinking will not bring financial and price stability

January 3, 2012

Central bankers in emerging markets are discovering that they cannot achieve the twin goals of price and financial stability with the single tool of short-term interest rates.

Are emerging market banks more transparent?

December 21, 2011

Banks in emerging markets appear to run greater risks to achieve greater returns. But they may just be more conservative in assessing their risks.

Isbank’s new CEO Adnan Bali

Isbank chief builds solid foundations for tougher times

November 1, 2011

Turkey’s largest bank, Isbank, enjoyed return on equity of almost 20% in 2010, but new chief executive Adnan Bali is preparing for any fallout from the eurozone crisis and tightening margins in the competitive domestic market.

Turkey fixes a regulator that isn’t broken

November 1, 2011

Turkish financial regulators are widely credited with steering the sector successfully through the global financial crisis. So why is the government abolishing their independence?

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.

The Banker on Twitter