News

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20 Feb 2023 10:49

Vakıfbank provided $1.8 billion in funding

Daily News

VakıfBank has completed a Diversifed Payment Rights (DPR) securitization transaction totaling approximately $1.8 billion, including $1.7 billion and €75 million. ...

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20 Feb 2023 10:49

US plans new sanctions on Russia

Daily News

The Biden administration is planning to impose new export controls and sanctions on Russia. According to Bloomberg News, citing sources familiar with the matter, ...

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20 Feb 2023 10:48

The People's Bank of China has not changed the benchmark loan interest rate

Daily News

As the Chinese economy shows more signs of recovery from the pandemic-induced recession, the People's Bank of China, as expected, left its benchmark lending rate ...

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20 Feb 2023 10:48

Asian stock markets mixed

Daily News

Asian stock markets were mostly mixed on Monday ahead of economic data releases. Asia-Pacific markets were mixed on Monday as investors awaited a raft of economic...

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17 Feb 2023 14:36

Swiss Re: Earthquake damages for Turkey still under assessment

Daily News

Swiss Re CFO John Dacey announced that the damage caused by the earthquake in Turkey and Syria is still being assessed. John Dacey, CFO of Zurich-based insurance ...

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17 Feb 2023 14:36

976.5 million TL and 97 million dollar contract from Aselsan

Daily News

An additional contract worth 976.5 million lira and 97 million dollars was signed between Aselsan and the Presidency of Defense Industries for radar procurement. ...

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17 Feb 2023 14:35

Futures natural gas prices in Europe hit 17-month low

Daily News

Natural gas futures in Europe continued their decline due to mild weather and LNG shipments as an alternative to Russian gas, falling below 50 euros for the first...

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17 Feb 2023 14:34

158,183 damage reports were made to DASK from the earthquake area

Daily News

It was stated that the first damage payment was made by the Natural Disaster Insurance Institution (DASK) less than 24 hours after the earthquake and that damage ...

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17 Feb 2023 14:34

448 out of 870 bank branches are providing service in the earthquake zone

Daily News

According to the statement by the Banks Association of Turkey, 448 out of 870 bank branches are providing service, while 2,977 out of 4,131 ATMs are operational i...

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16 Feb 2023 11:42

Death toll from earthquakes exceeds 36,000

Daily News

AFAD announced that as of 09:00, 36,187 people lost their lives and 108,068 people were injured in the earthquakes. A total of 36,187 people lost their lives in t...

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16 Feb 2023 11:42

EBRD cuts growth forecast for Türkiye

Daily News

The European Bank for Reconstruction and Development (EBRD) stated that it found it reasonable that the disasters would reduce Turkey’s GDP by 1 percent, and lowe...

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16 Feb 2023 11:41

Private sector's foreign debt decreased in December

Daily News

As of the end of December, the total credit debt of the private sector from abroad decreased by $7.0 billion compared to the end of 2021, reaching $160.1 billion....

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16 Feb 2023 11:41

Investment incentive for Cengiz Holding company

Daily News

The investment project to be made by Eti Alüminyum AŞ in Konya will benefit from incentives such as 100 percent tax reduction and 85 percent investment contributi...

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16 Feb 2023 11:41

10 thousand lira household support payments to earthquake victims have begun

Daily News

AFAD announced that the ‘Household Support Payments’ amounting to 10,000 Turkish Lira to be given to earthquake victims whose homes were damaged in the earthquake...

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16 Feb 2023 11:40

Lagarde: ECB to continue raising rates due to price pressures

Daily News

European Central Bank President Christine Lagarde said that inflation pressures in the euro zone remain high and the ECB will continue to raise interest rates to ...

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16 Feb 2023 11:40

Japan core machinery orders growth falls short of expectations

Daily News

Japan’s core machinery orders rose below market expectations. According to data from the Japanese Cabinet Office, core machinery orders rose 1.6 percent in Decemb...

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16 Feb 2023 11:40

US Secretary of State Blinken is coming to Turkey

Daily News

US Secretary of State Antony Blinken will visit Turkey on February 19. In a statement released by the US State Department, it was reported that US Secretary of St...

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15 Feb 2023 10:39

Opportunity for BES companies to sell bonds to the TCMB

Daily News

The Central Bank of the Republic of Turkey (TCMB) will allow the sale of bonds in companies' portfolios to the TCMB after the regulation that increased the weight...

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15 Feb 2023 10:39

Migros announced the damage seen in the earthquake

Daily News

In a statement made to the Public Disclosure Platform by Migros, it was stated that 66 of the 228 stores they owned in the 10 provinces affected by the earthquake...

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15 Feb 2023 10:38

Foreign exchange reserve step from Asian central banks

Daily News

Asia’s major central banks have been rebuilding their foreign exchange reserves amid concerns that the Fed will continue to hike interest rates and a stronger U.S...

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15 Feb 2023 10:38

The Turkish Grand National Assembly is on holiday for two days

Daily News

It was decided that the Grand National Assembly of Turkey would suspend its work for two days, starting from Wednesday, February 15, 2023. The Turkish Grand Natio...

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