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Tag: banking industry

CBRT warns lenders against conducting forex transactions during “off hours”
Categories Business General HIGHLIGHTS

CBRT warns lenders against conducting forex transactions during “off hours”

Cem CetingucPosted on4 November, 2022

Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting … Continue ReadingCBRT warns lenders against conducting forex transactions during “off hours”

Banking industry:  FX protected deposit scheme boosts NII
Categories Company & Industry Finance General HIGHLIGHTS

Banking industry: FX protected deposit scheme boosts NII

Cem CetingucPosted on6 June, 20226 June, 2022

45% monthly ROE on lower provisions and OPEX Turkish banking sector’s April net income is … Continue ReadingBanking industry: FX protected deposit scheme boosts NII

Turkish Banks: Q4 21 results – What to expect?
Categories Business Company & Industry Finance HIGHLIGHTS

Turkish Banks: Q4 21 results – What to expect?

Cem CetingucPosted on1 February, 2022

Q4 2021 earnings season will start next week. We expect 39% earnings growth qoq and … Continue ReadingTurkish Banks: Q4 21 results – What to expect?

Turkish Banks: Sector Monthly Data
Categories Business Company & Industry Finance HIGHLIGHTS

Turkish Banks: Sector Monthly Data

Cem CetingucPosted on1 February, 2022

29% monthly ROE on lower provision expenses Turkish banking sector’s December net income is up … Continue ReadingTurkish Banks: Sector Monthly Data

Turkey to inject capital into state banks
Categories Business

Turkey to inject capital into state banks

Editor P.A.Posted on8 May, 202021 May, 2020

Turkey’s state banks have become the major conduit through which state aid is flowing to … Continue ReadingTurkey to inject capital into state banks

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