banking regulation
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BRSA: Asset size of the Turkish banking sector reached ₺23.9 trillion in December
The asset size of the Turkish banking sector increased by 1.5% compared to the previous month, reaching ₺23 trillion 887…
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Assets of banks reached ₺21.8 trillion in October
The asset size of the Turkish banking sector increased by 51.7% in October compared to the end of 2022, reaching…
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Net profit of Turkish banking sector up 52.5% in January-September
Total assets of sector reach $772.9B as of end-September, up 61.1% year-on-year Türkiye’s banking sector posted a net profit of…
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Dubai Islamic Bank, a leading financial institution in the UAE, enters Turkish digital banking and financial technology sector via an equity investment in T.O.M. Group of Companies
Dubai Islamic Bank PJSC (“DIB”), largest participation bank by asset size in the United Arab Emirates, will become a shareholder…
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Central Bank announces more steps to boost lira deposits
The bank last month started to roll back the FX-protected deposit accounts scheme, ending an implementation that previously stipulated a…
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Net profit of Turkish banking sector up to $9.7B in H1
Banking sector’s net profit up by 47.9% year-on-year in Jan-June period Turkiye’s banking sector posted a net profit of 250.3…
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Digital banking era begins in Turkey
With the new regulation of BRSA, banking transactions in Turkey will be carried out electronically without going to the bank…
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Legal regulation to companies that provide interest-free housing and vehicles
In order for savings finance companies to operate, their minimum paid-in capital must be ₺100 million, and their obligations such…
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