Turkish liras
- Business
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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Turkiye posts budget deficit of $4.6 Billion in September after two months of surplus
Turkiye’s central government budget recorded a deficit of 129.2 billion Turkish liras (approximately $4.63 billion) in September, following two consecutive…
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Turkiye: Regulations for short-term rentals taking shape
The Culture and Tourism Ministry is about to finalize work to regulate the short-term rental market, introducing new legal obligations…
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Turkiye: Power distribution firms boost their investments
Electricity distribution companies collectively invested 27.3 billion Turkish Liras ($1 billion) in 2022, up 27.4 percent from the previous year,…
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Turkiye in Q2 posts 2nd-strongest growth rate among OECD countries in Q2
Country’s economy grows 3.8% year-on-year in 2nd quarter of 2023, behind only Ireland’s 5.1% annual GDP growth rate Turkiye boasted…
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Turkiye: Regulator introduces new cap on some housing loans
The Banking Regulation and Supervision Agency (BDDK) has announced a decision to tighten the conditions for some housing loans as…
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Turkish private sector’s foreign debt down to $155.4B
Long-term loans decline, short-term loans increase in May versus end-2022 The loans received by Turkish private sector’s from foreign countries…
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Trendyol becomes naming partner of Turkish Super Lig and 1st league
Trendyol to pay $26.7M for naming sponsorship An e-commerce firm Trendyol and the Turkish Football Federation (TFF) signed a deal…
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Turkish stock exchange up 2.3% at weekly open
Benchmark index rises 118.26 points from previous close Turkiye’s benchmark stock index opened the week at 5,233.23 points on Monday,…
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