Turkey Is Said to Advise Banks Against Distributing Dividends

Source:Bloomberg Date:23Jan2022

Turkey’s banking regulator has advised commercial lenders not to distribute dividends from profits in 2021, when a currency crash eroded banks’ cash buffers, people with direct knowledge of the

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Reza Zarrab not yet revealed ‘most important name’ in sanctions-busting scheme

Source:Stockholm Center for Freedom Date:15Jun2018

Main opposition Republican People’s Party (CHP) deputy Erdal Aksünger has stated that Turkish-Iranian gold trader Reza Zarrab, who has been held in a New York prison since March 2016 for

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Turkey’s options in the Zarrab case

Source:Hurriyet Daily News Date:01Dec2017

Selin Nasi wrote  the best summary of the consequences of a guilty verdict  by Hakan Atilla trial jury.  For more comments on consequences, please click this link.

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Turkey Premier Says Expects Justice in U.S., Not Prisoner Swaps

Source:Bloomberg Date:12Nov2017

Yildirim came back from Washington DC empty-handed, as this Bloomberg interview clearly demonstrates. What happens next is described in an Monitor article by economist Mr Mustafa Sonmez: Last

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Turkish Banks Are Taking Losses on Mortgages After Rate Pressure

Source:Bloomberg Date:06Apr2017

We have long argued that Turkish banks are under strong pressure to lend at low margins and the current growth model based on cheap credit is unsustainable. A recent article at Bloomberg finds

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