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Finansbank sold to Katar bank for 2.75 billion euros

Finansbank sold to Katar bank...

22 Aralık 2015, 10:43 0 Yorum

Istanbul, Dec 22 () –National Bank of Greece (NBG) has sold Turkey’s Finansbank to Qatar National Bank (QNB) for 2.75 billion euros. According to Finansbank’s statement to the Public Closure Platform, “National Bank of Greece SA (NBG)...

Central Bank survey shows inflation expectation exceeds 8.5 pct.

Central Bank survey shows inflation...

18 Aralık 2015, 17:21 0 Yorum

Istanbul, Dec 18 () – Turkey’s Central Bank announced its end of year survey, stating the end of year inflation was expected to be 8.53 percent annually and the monthly increase in December was expected to be slightly flat. The Central Bank's...

Turkish government decides on broad expropriation for giant road project

Turkish government decides on...

08 Aralık 2015, 17:01 0 Yorum

Ankara, Dec 8 () - The Turkish government has decided on the urgent expropriation of some 30 villages and neighborhoods in two Turkish provinces in the northwestern Marmara region as part of the ongoing road project to construct a new route connecting Istanbul...

EBRD: Russia's sanctions might affect Turkey's economic growth

EBRD: Russia's sanctions...

07 Aralık 2015, 15:31 0 Yorum

Öykü Altuntaş / Istanbul, Dec 7 () - Russia is Turkey’s main energy supplier, as Turkey imports 98.8 percent of its natural gas consumption, with Russia accounting for 56 per cent of these, said the EBRD statement. Russia is the 7th largest...

Limit to credit card payments in Turkey extended to boost consumption

Limit to credit card payments...

26 Kasım 2015, 07:30 0 Yorum

Istanbul, Nov 26 () - The limitation on credit card installments to pay for a number of items has been extended from nine months to 12 months to revive consumption levels. The limit to credit card installment payments for home appliances, furniture and educational...

Turkey’s property sales to foreigners rise 24 pct in October

Turkey’s property sales to foreigners...

25 Kasım 2015, 09:03 0 Yorum

Istanbul, Nov 25 () - Turkey’s property sales to foreign people increased by 23.8 percent in October compared to the same month of the previous year, according to official data released by the Turkish Statistics Agency (TÜİK) on Nov. 23. House sales...

Turkish Central Bank keeps rates on hold, awaiting Fed move

Turkish Central Bank keeps rates...

25 Kasım 2015, 08:58 0 Yorum

Istanbul, Nov 25 () - Turkey’s Central Bank left interest rates unchanged, as it waits for an expected tightening by the U.S. Federal Reserve before following suit. The Central Bank has signaled it wants to wait to see the impact of an expected Fed...

Moody's downgrades VW’s long-term debt and deposit ratings

Moody's downgrades VW’s...

06 Kasım 2015, 14:05 0 Yorum

Öykü Altuntaş / Frankfurt, Nov 6 () – International ratings company announced it has downgraded the long-term debt ratings of Volkswagen Financial Services AG, its guaranteed subsidiaries and Volkswagen Bank GmbH, to A1 from Aa3. The company has...