banking

Business

Spain’s BBVA seeks full ownership of Turkish lender Garanti

November 15, 2021

Spain's second-largest bank BBVA said Monday it has launched a bid to take full control of Turkish lender Garanti, issuing a vote of confidence...

Business

Turkey’s banking watchdog fines 18 banks for violating pandemic measures: report

June 2, 2020

Turkey’s banking regulator has fined 18 banks for conducting transactions against its orders totaling 102.1 million lira ($15 million/13.4 million euros), local media reported,...

Business

Turkey announces new regulation to boost lending, bond purchase: report

April 19, 2020

The Turkish banking regulator announced a new effort to push banks to step up lending, purchase government bonds and engage in swap transactions with the central...