Halk Bank

Three major conventional state-run banks in Turkey - Ziraat, VakıfBank, and Halkbank - posted 15.43 billion Turkish liras ($2.1 billion) in net profit last year.

The banks' net profit rose from around 10.5 billion Turkish liras ($1.8 billion) in the previous year, according to data compiled by Anadolu Agency from unconsolidated balance sheets and the country's banking watchdog.

Turkish President Recep Tayyip Erdogan on Wednesday announced an economic package worth 100 billion liras (14.3 billion euros) to tackle the impact of the coronavirus outbreak on the Turkish economy.

Erdogan said that the Turkish government will do everything it can to protect the country's economy and businesses.

President Recep Tayyip Erdoğan will be at the White House on May 16 for his long-awaited face-to-face talks with President Donald Trump. All the signs are that this will not be an easy conversation. Ankara has set the stakes so high with regard to its demands that it has left itself very little room for diplomatic maneuvering.
  

Moody's Investors Service has taken rating actions on 17 Turkish banks, changing the ratings outlook from stable to negative on 14 of the lenders.

The ratings of one additional bank were also downgraded with a negative outlook, while the ratings of two other banks were affirmed with outlooks unchanged.

Shares in Turkey's Halkbank  fell 5 percent on March 22 following the arrest in the United States of a Turkish businessman on charges of conspiring to evade U.S. sanctions on Iran, traders said.

The Iranian-born businessman, Reza Zarrab, was charged in an indictment filed in a federal court in Manhattan, U.S. prosecutors said on March 21. 

Turkey?s largest state-owned bank, Ziraat Bank, has launched its first branch for Islamic finance in Istanbul.

?This is a historic step. Other state-owned banks should follow Ziraat?s move,? President Recep Tayyip Erdo?an said on May 29  during the opening ceremony in the Eminönü neighborhood, referring to Vakifbank and Halk Bank. 

I will answer right away. Not much.

As you might be aware, in the last presidential race, for the first time in Turkish political history, people and companies were allowed to donate to their favorite candidate.

Lately the new information about how there was misconduct about the process is on the news.