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Banking

ADQ To Purchase Odeabank

Abu Dhabi Development Holding Company (ADQ) has agreed to acquire a 96% stake in Bank Audi’s loss-making Turkish subsidiary, Odeabank,...
Browse a full set of economic indicators

Türkiye

Includes historical data for Türkiye’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking...

Economics, Policy & Regulation

Turkey’s Positive Prospects

Turkey bounces back following some historic lows—and with a new economic team in place. For the better part of a...

News

Turkey’s Lira On A Rocky Road

Turkish President Recep Erdogan believes high interest rates cause high inflation and sacked three central bank governors who stalled onrate cuts.

Capital Raising & Corporate Finance

Central Bank Shakeup Prompts Lira Drop

If Kavcolu’s appointment results in interest rate cuts, financial markets will naturally react by using the FX rate as an automatic stabilizer.

Country Report

Ankaras About-Face

Erdoan’s government hopes a more disciplined monetary policy will restore investor confidence and bolster an economic recovery in 2021.
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