Citibank

Erdoğan to meet American CEOs in September

President Recep Tayyip Erdoğan will meet with CEOs of some of the largest American companies in September, Türkiye-U.S. Business Council (TAİK) Chair Mehmet Ali Yalçındağ has announced.

Erdoğan will attend the round table meeting with the chief executives of 25 companies on the Fortune 100 list on Sept. 20, Yalçındağ said.

Turkey removes 3 foreign banks' FX transactions ban

Turkey on May 11 removed foreign exchange transactions bans with Turkish lira for three foreign banks -- BNP Paribas, Citibank, and UBS.

After banks fulfilled their Turkish lira commitments, the restrictions were removed, according to the information given by Turkey's Banking Regulation and Supervision Agency (BDDK).

Turkey bars 3 foreign banks from FX transactions

Turkey has blocked three foreign banks- BNP Paribas, Citibank, and UBS- from doing foreign exchange transactions with the Turkish lira, the nation's banking watchdog announced on May 7. 

These banks failed to complete their Turkish lira commitments and so defaulted, said Turkey's Banking Regulation and Supervision Agency (BRSA).

Herro Mustafa: Bulgarian Medical Professionals and Community Volunteers have Shown Remarkable Strength

"United against COVID-19" will support projects that assist vulnerable groups affected by the crisis, including medical staff, people with disabilities, the elderly, children, minorities, the homeless, the unemployed, single parents and others, the US Embassy in Bulgaria reported.

Andreas Verykios replaces Michelis as HFSF chief

Greece's bank rescue fund HFSF said on Tuesday that Andreas Verykios has been appointed as chairman of its general council, succeeding Giorgos Michelis.

Verykios was formerly deputy director general for lending operations at the European Investment Bank until 2008 and head of human resources at the EIB from 2000 to 2005.

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