Garanti
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Economic policies will continue after elections: Şimşek
The current economic policies will continue to be implemented after the upcoming elections, Treasury and Finance Minister Mehmet Şimşek has said.
Türkiye will hold local elections on March 31.
Listed companies’ profits soar 75 percent
The combined net profit of the companies, whose shares are traded on the stock exchange, increased by 75 percent in the third quarter to hit 444 billion Turkish Liras ($15.6 billion).
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Turkish banks apply to competition board to take over 55 percent of Türk Telekom
Turkey's Akbank, Garanti and İş Bank have applied to the competition authority to take over 55 percent of Türk Telekom after Oger Telecom failed to make three payments on a $4.75 billion loan it secured to acquire a stake in the Turkish fixed-line operator, the competition authority has said.
Two More Years for the Mega Project of "Garanti-Koza" in Sofia
The two-year extension of the project for the Turkish company "Garanti-Koza" in the metropolitan quarter of Mladost was extended. This allows the deadline for the certificate of priority project given to the company in 2015 to be extended.
Istanbul stock exchange ends week at over 100,000 points
Turkey's benchmark index advanced by 0.25 percent to stand at 100,440.39 points at the close of June 30, marking a 0.80-percent rise compared with last week.
Borsa Istanbul's BIST 100 index posted its highest "week close" with a 250.08-point increase, while the total trading volume was 4.1 billion Turkish Liras (approximately $1.16 billion).
Turkey's Borsa Istanbul hits second highest close ever
Turkey's benchmark index closed the week with a 384.55-point hike to reach 92,423.93 points on April 21, marking it the second highest close of all time.
Borsa Istanbul hits 25-month high
Turkey's benchmark index was up 1,322.94 points to close at 91,044.99 on March 6, marking its highest level in just over two years.
The BIST 100 index rose 1.47 percent with a total trading volume of 4 billion Turkish Liras (approximately $1.08 billion).
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Turkish banks fend off cyberattacks, some transactions hit
A number of Turkish banks reported serious disruption in online operations and credit card transactions Dec. 25, as hackers stepped up a series of cyberattacks seen in the country over the past week.
Cyberattacks Hit Banking Services in Turkey
Several Turkish banks experienced sporadic disruption to credit card transactions on Friday in the latest wave of a two-week long cyber assault on public and financial websites, Reuters reported.
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ING 'drops plan to buy HSBC's Turkish unit'
ING Groep NV, the largest Dutch financial services company, has abandoned a plan to acquire HSBC Holdings Plc's unprofitable Turkish unit, Bloomberg reported on Dec. 16.
Regulatory hurdles contributed to the decision, Bloomberg reported, citing two people with knowledge of the matter.
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