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 CB positive on loan growth, eyes further recovery
Turkish Central Bank Governor Erdem Başçı on Friday in İstanbul expressed faith that they will be able to get the fast growth in bank loans under control -- a long-discussed issue -- as he added that they were expecting no revision in year-end targets. |
 Turkish finance minister Simsek criticizes Fitch´s rating
Turkey´s finance minister said on Friday that rating organizations could not keep up with Turkey´s pace. |
 Auto sector attracts foreign investments
Three car giants announced they are investing 287.1 million euros in car production in two different factories in Turkey. |
 Cargo firms enjoy growing local e-trade
Turkish cargo firms continue to benefit from a growing e-trade market, which reached a volume of $10.6 billion last year, according to the top executive of MNG Cargo. |
 Turkey signs exploration deal with Shell
Turkey has reached an agreement with Shell on a farmout to explore for hydrocarbons in the Gulf of Antalya in the Mediterranean, which they will sign tomorrow, Energy Minister Taner Yildiz said late on Monday. |
 ‘Money without gov’t securities is robbery’
Printing money without government securities is nothing but a modern form of robbery, Turkey’s prime minister said yesterday, adding that such reckless practices had led the EU and U.S. economies down the road of perdition. |
 Fitch revises Turkey´s outlook from "positive" to "stable"
International credit rating institution Fitch revised Turkey´s outlook from "positive" to "stable". It also affirmed the ratings at "BB ". |
 Turkish competition board probes 12 banks
Turkey´s Competition Board has decided to launch an investigation into 12 Turkish banks, including major lenders, to probe whether they acted together on setting deposit and loan rates, government officials stated on Monday. |
 Turkey seeks solution to Iraqi airspace ban as carriers report losses
Turkey has intensified efforts for a swift resolution to the latest airspace tension with Iraq on Monday which followed an Iraqi government decision on Sunday to ban four Turkish carriers from landing in its airports, while firms reported losses due to cancelled or delayed flights to the southern neighbor. |
 U.S. paper says Turkey touts its resilience amid crisis in Europe
A leading U.S. economy newspaper said on Monday that Turkey touted its resilience amid crisis in Europe. |
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