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26 economists, journalists face complaints due to comments about exchange rate

Turkey’s Banking Regulation and Supervision Agency (BDDK) has filed criminal complaints against 26 people including two former central bank governors, economists and journalists due...

Turkey’s banking watchdog files complaints against 5 economists due to lira comments

Turkey’s Banking Regulation and Supervision Agency (BDDK) has filed criminal complaints against five economists including a former central bank governor due to their comments...

Turkish state banks short foreign currencies to support lira: report

Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 billion (6.61 billion pounds) to help defend the lira,...

Turkey’s banking watchdog imposes penalties on 16 financial institutions

Turkey’s banking regulator has imposed penalties totaling 2.1 million Turkish lira ($306,000) on 16 non-bank financial institutions for violating regulations, the SeeNews website reported,...

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

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,...

French BNP Paribas halts new Turkish lira trades at prime broker unit: report

French bank BNP Paribas stopped offering clients new trading in the Turkish lira via a special unit after it was briefly banned from the market by...

Turkish watchdog reduces fees banks can charge clients: report

Turkey has reduced the range and the levels of fees and commissions that banks can charge clients, according to central bank and banking watchdog regulations announced...

Turkish banking sector saw 7 percent drop in profit in 2019: watchdog

Profit in Turkey’s banking industry declined by 7 percent last year, according to the Banking Regulation and Supervision Agency (BDDK), the Ahval news website reported. Net income...

Turkish banking watchdog denies ordering dismissal of 11 senior bankers: report

Turkey’s banking watchdog has denied a report by Bloomberg that it ordered the dismissal of 11 senior bankers in the private sector, the Ahval news website...

Turkey’s banking watchdog eases rules on $8 mln in debt: report

Turkey’s banking regulator has eased measures on how banks classify credit to once-troubled companies, helping lenders to potentially avoid adding more non-performing loans to their books,...

Turkey’s banks see 14 pct drop in net profits

The net profits of Turkey’s banking sector saw a year-on-year decline of 14 percent in the first eight months of 2019, falling to TL 32.8 billion...

BDDK denies filing complaints over critical comments about Turkey’s currency crisis

Turkey’s Banking Regulation and Supervision Agency (BDDK) on Friday denied media reports claiming that it filed criminal complaints about dozens of people including journalists due to...

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