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 Aksigorta, Cimsa, Emlak Konut: Turkey Equity Market Preview
The following stocks may be active in Turkey. Symbols are in parentheses and prices are from the last close. |
 AGEAS enters the Turkish general insurance market
AGEAS (former FORTIS) has signed an agreement last week with SABANCI Holding, a leader of the industrial and financial markets in Turkey, to purchase a 21% share of AKSIGORTA AS, the fourth general insurance company at local level, with 8% market share. |
 Turkish insurer Anadolu Hayat to increase paid in capital through a bonus issue
Anadolu Hayat ve Emeklilik (AHE) to increase paid in capital by TRY 50mn (20%) to TRY 300mn through a bonus issue. The company hasn´t announced the date of the bonus issue yet. |
 We plan to double the trade volume between Turkey and United Kingdom by 2015, says Caglayan
sh State Minister for foreign trade Zafer Caglayan said Wednesday that they planned to double the trade volume between Turkey and the United Kingdom by 2015 which was recorded as 11.9 billion USD in 2010. |
 Eased Visa Regulations from Turkish Airlines
Citizens flying Turkish Airlines from 46 countries in sub-Saharan Africa will be granted visas at Istanbul´s Ataturk airport if they also have valid Schengen, UK or US visas in their passports. |
 Insurance of Social Security
The social security system in Turkey went through a major transformation in 2007, resulting in a more efficient and fast functioning system, based on centralizing the control of different social security funds in a single institution. |
 Social Security Insurance System is developing in Turkey
Turkey has a very complex health care system because of the existence of different plans and departments involved in this sector. |
 1H 2010 insurance markets of CEE and CIS countries - in the spotlight
Most probably, the, a ´double digit´ growth ratess we were used to before the crisis, will not return soon in the CEE countries. |
 Russian insurer ROSGOSTRAKH intends to extend in Turkey
ROSGOSTRAKH, the biggest insurance player on the Russian market, is planning to acquire an insurance company in Turkey, according to Russian mass media. |
 Lender-insurer alliance fishing for non-interest investors
The Albaraka Türk Participation Bank and Anadolu Hayat Retirement have signed a cooperation agreement to attract investment from customers cool on interest-based banking and insurance services into individual retirement system. |
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