Foreign currency
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Turkiye’s Akbank plans to invest $200 Million in technology this year
Turkish private lender Akbank will invest $200 million (TL 6.14 billion) in technology in 2024, its CEO Kaan Gür told…
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Deposits of the Turkish banking sector increased by ₺76.2 billion and reached ₺15 trillion
Total deposits of the banking sector increased by ₺76.2 billion compared to the previous week, reaching ₺15 trillion 491.3 billion…
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Turkish central government debt stock hits $227.4 Billion as of end-2023
Figure soars 67% at annualized pace, according to Treasury and Finance Ministry data The Turkish central government’s gross debt stock…
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Turkiye: Deposits of the banking sector increased by ₺164.3 billion
Total deposits of the banking sector increased by ₺164.3 billion in the week ending December 29, reaching ₺15 trillion 231.7…
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Turkiye: Over 440 shopping malls own $10 billion in debt
The total debt of 443 shopping malls in Türkiye ranges from $9 billion to $10 billion, says Nuri Şapkacı, the…
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New regulation in TL converted Exchange Rate Protected Deposit accounts
As of January 1, 2024, new TL converted KKM accounts will not be able to be opened, and existing TL…
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The Central Bank of the Republic of Turkiye continues its simplification steps
The Central Bank of the Republic of Turkiye will reduce the security facility rate, which is 5% for foreign currency…
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Turkish Central Bank’s international reserves hit all-time high of $142.53B
Bank’s reserves up by $1.15B on weekly basis last week The Turkish Central Bank’s international reserves hit all-time-high of $142.53…
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Step from the Central Bank to support TL deposits
The Central Bank of the Republic of Turkiye (CBRT) continues its steps to transform the banking system in a way…
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Turkiye: Deposits of the banking sector decreased by ₺150.4 billion
Total deposits of the banking sector decreased by ₺150.4 billion in the week ending November 24, falling to ₺14 trillion…
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