Categories Atilla Yeşilada Finance HIGHLIGHTS Atilla Yesilada COMMENTARY: Giant EM funds sing Turkey’s praise Atilla YeşiladaPosted on5 August, 2024 The world is in the midst of its first contagious financial panic since the early … Continue ReadingAtilla Yesilada COMMENTARY: Giant EM funds sing Turkey’s praise
Categories Company & Industry Finance HIGHLIGHTS Fitch: Good news, bad news about Turkish banks Atilla YeşiladaPosted on31 July, 2024 The operating environment for Turkish banks has improved in recent months, due to more orthodox … Continue ReadingFitch: Good news, bad news about Turkish banks
Categories Finance HIGHLIGHTS World Bank increases support to Türkiye with 3.7 billion dollars Cem CetingucPosted on30 July, 2024 With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in … Continue ReadingWorld Bank increases support to Türkiye with 3.7 billion dollars
Categories Finance HIGHLIGHTS Türkiye targets 1.5 percent share in global FDI flows by 2028 Cem CetingucPosted on29 July, 202429 July, 2024 Türkiye revealed its foreign direct investment (FDI) strategy for the 2024-2028 period to outline the general … Continue ReadingTürkiye targets 1.5 percent share in global FDI flows by 2028
Categories Finance General HIGHLIGHTS CBRT governor Akcay: Too early to talk rate cuts Atilla YeşiladaPosted on26 July, 202426 July, 2024 Cevdet Akçay, Deputy Governor of the Central Bank of the Republic of Turkey (CBRT) gave … Continue ReadingCBRT governor Akcay: Too early to talk rate cuts
Categories Economy Finance General HIGHLIGHTS Moody’s raised Turkey’s credit rating for the first time in over a decade Güldem AtabayPosted on19 July, 2024 Moody’s said Friday that it has upgraded Turkey’s credit rating by two notches on improved … Continue ReadingMoody’s raised Turkey’s credit rating for the first time in over a decade
Categories Atilla Yeşilada Emerging Markets Finance HIGHLIGHTS Video commentary: Turkey is becoming the darling of Emerging Markets Atilla YeşiladaPosted on15 July, 2024 Long considered “univestable” because of Erdogan’s silly economic policies, Turkey suddenly began attracting interest and … Continue ReadingVideo commentary: Turkey is becoming the darling of Emerging Markets
Categories Finance HIGHLIGHTS CBT governor Karahan interviewed by Bloomberg, sounds hawkish Atilla YeşiladaPosted on12 July, 2024 Turkey’s Central Bank Governor Fatih Karahan sat down for an interview with Bloomberg in Istanbul … Continue ReadingCBT governor Karahan interviewed by Bloomberg, sounds hawkish
Categories Finance HIGHLIGHTS New surveys by Central Bank reveal outrageously high inflation expectations among households Atilla YeşiladaPosted on29 June, 2024 A new blog penned by Central Bank of Turkey (CBRT) research staff reveals divergent inflation … Continue ReadingNew surveys by Central Bank reveal outrageously high inflation expectations among households
Categories Finance HYPED ING Research: The Central Bank of Turkey’s June meeting brings no surprises Atilla YeşiladaPosted on27 June, 2024 The Central Bank of Turkey (CBT) has kept its policy rate unchanged at 50%, in … Continue ReadingING Research: The Central Bank of Turkey’s June meeting brings no surprises
Categories Finance HIGHLIGHTS ANALYSIS: Turkish Central Bank switches to “wait and see” mode Atilla YeşiladaPosted on27 June, 2024 The Central Bank of the Republic of Turkey (CBRT) did not surprise the markets by … Continue ReadingANALYSIS: Turkish Central Bank switches to “wait and see” mode
Categories Business Finance HIGHLIGHTS Fitch ups Turkey groth estimate, banking sector outlook Atilla YeşiladaPosted on25 June, 2024 International credit rating agency Fitch Ratings has revised its growth forecast for the Turkish economy, … Continue ReadingFitch ups Turkey groth estimate, banking sector outlook
Categories Business Finance HIGHLIGHTS Simsek’s London investor meetings: Success or lingering doubts about the austerity program? Atilla YeşiladaPosted on22 June, 2024 Treasury and Finance Minister Mehmet Şimşek on Friday wrapped up his trip to London after … Continue ReadingSimsek’s London investor meetings: Success or lingering doubts about the austerity program?
Categories Company & Industry Finance HIGHLIGHTS Markets Borsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations Atilla YeşiladaPosted on2 June, 2024 Borsa Istanbul BIST-100 main index completed May at 10,400 points with an increase of 3.53 … Continue ReadingBorsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations
Categories Business Finance HIGHLIGHTS BBVA Garanti on Türkiye Banking Sector Outlook: Under pressure Atilla YeşiladaPosted on2 June, 2024 Key messages ➢ The limited acceleration ahead of the election in March was followed by … Continue ReadingBBVA Garanti on Türkiye Banking Sector Outlook: Under pressure
Categories Finance HIGHLIGHTS Markets Comment: Strong EM appetite, Mehmet Simsek turn TL assets from dog to star, but economic turn-around is not assured Atilla YeşiladaPosted on26 May, 2024 It wasn’t long ago, only in March, most EM funds shunned Turkey betting on president … Continue ReadingComment: Strong EM appetite, Mehmet Simsek turn TL assets from dog to star, but economic turn-around is not assured
Categories Finance HIGHLIGHTS ANALYSIS: Central Bank keeps door open to further rate hikes Atilla YeşiladaPosted on24 May, 2024 The CBRT maintains policy rate at 50%. In its May MPC meeting, the CBRT kept … Continue ReadingANALYSIS: Central Bank keeps door open to further rate hikes
Categories Company & Industry Finance HIGHLIGHTS Citi Research on Turkish Bank Shares: Neutral Atilla YeşiladaPosted on24 May, 2024 Turkish equities, particularly for banks, have enjoyed very strong performance since Turkey’s return to more … Continue ReadingCiti Research on Turkish Bank Shares: Neutral
Categories Economy Finance HIGHLIGHTS ANALYSIS: CBRT stays on hold, but tightens via other measures Atilla YeşiladaPosted on24 May, 2024 Intro The Central Bank (CBRT) maintained the policy rate (50%) and the range between borrowing … Continue ReadingANALYSIS: CBRT stays on hold, but tightens via other measures
Categories Economy Finance HIGHLIGHTS HSBC Research: Sentiment for Turkey is positive, again Atilla YeşiladaPosted on22 May, 2024 After speaking with investors over the past two weeks… ◆ …we note a significant improvement … Continue ReadingHSBC Research: Sentiment for Turkey is positive, again