Demirören Holding, Turkey’s largest media owner, is in talks with banks to restructure some $2 billion in loans, sources familiar with the talks said,...
Turkey’s financial troubles have increased since the country was hit by the COVID-19 pandemic. Contrary to government declarations, a sudden surge in the number...
İstanbul
Mayor Ekrem İmamoğlu has said the city’s plans to revive three rail system
projects are currently blocked by the Undersecretariat of the Treasury, the
BirGün news...
Turkish President Recep Tayyip Erdoğan on Saturday accused allies-turned-rivals of defrauding the state-owned Halkbank in a controversy over the İstanbul Şehir University, Bloomberg reported.
Erdoğan
leveled...
Turkey’s central bank on Monday adjusted the reference
values on loan growth needed for banks to be subjected to lower required
reserve ratios, saying the move...
The currency crisis in Turkey will have limited impact on German banks, given improvements in the overall resilience of financial systems, the head of...
Turkish banks have proposed rules to speed up the restructuring of company debt and allow lenders to avoid booking problematic credit as non-performing loans,...
