At the start of the decade, the sweet spot for Turkey’s banks was unquestionably retail lending. Margins were high, growth was stellar and consumer appetite seemingly insatiable. Then in 2013, alarmed ...
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Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs
ISTANBUL (AP) — Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak as it confronts stubborn inflation, financial turbulence ...
Turkey’s central bank held borrowing costs on Thursday and flagged that it could tighten interest rates should inflation rise ...
ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring ...
ONCE UPON A time the Turkish banking sector was exactly that – almost entirely Turkish in character. In the 1980s there were only a few foreign banks in the country’s financial services sector, which ...
Read full article: LIVE RADAR: Severe Thunderstorm Warning issued for Baker, Nassau, Charlton counties until 5 p.m. Read full article: Traffic Alert: St. Johns County deputies investigating fatal ...
ISTANBUL (Reuters) -Turkey's central bank will adjust policy to hit its targets despite a recent slowdown in the disinflation process, Governor Fatih Karahan said on Wednesday. In an interview ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ANKARA, Turkey (AP) — The Turkish currency ...
ANKARA, Turkey (AP) — Turkey’s banking regulator says a state fund has seized a bank associated with a movement led by the U.S.-based Muslim cleric Fethullah Gulen, which authorities have accused of ...
ISTANBUL — Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak as it confronts stubborn inflation, financial turbulence ...
ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring ...
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