Halkbank
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Turkey managing pandemic well: Erdoğan
Turkey has managed economic difficulties arising from the pandemic well, President Recep Tayyip Erdoğan said on Sept. 16.
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Banks asked to prepare long-term NPL strategy
Banks operating in Turkey have been obliged to submit a new long-term credit strategy plan and establish a separate unit to oversee it, according to a revised banking regulation published in the Official Gazette yesterday.
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Turkey's Halkbank seeks Iran sanctions case dismissal
Turkey's Halkbank on April 12 urged a U.S. appeals court to dismiss a case over alleged violations of sanctions on Iran.
Arguing before the U.S. Court of Appeals for the Second Circuit, Halkbank lawyer Simon Latcovich said US prosecutors have no jurisdiction over the bank, as it is immune under the U.S.' Foreign Sovereign Immunities Act.
Τουρκία: Τι οδήγησε την τουρκική λίρα στο γκρεμό - Οι επόμενες κινήσεις Ερντογάν
Τα σενάρια για τα επόμενα βήματα του Τούρκου προέδρου - Πονοκέφαλος και η δίκη Halkbank
Turkey replaces general manager of Wealth Fund
Arda Ermut has been appointed as the new general manager of the Turkey Wealth Fund (TWF) after Zafer Sönmez was dismissed, according to the Official Gazette early on March 9.
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State-run lenders post $2.1 bln net profit in 2020
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.
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US court dismisses case against Halkbank
A U.S. judge on Feb. 16 agreed to dismiss a case against Turkish state-lender Halkbank filed by victims of attacks by groups linked to Iran, on the condition that the sides reach an agreement to carry on with the case in Turkey.
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Washington will claim role of fair arbiter, expert on US-Turkey ‘flashpoints’ tells Kathimerini
Max Hoffman is the associate director of National Security and International Policy at the Center for American Progress and his work is focused on Turkey, Europe and the Middle East.
İYİ Party leader welcomes postponing tradespeople loans but says not enough
İYİ (Good) Party leader Meral Akşener on Jan. 27 welcomed a decision by the government for postponing loan repayments of tradespeople as part of pandemic public assistance efforts while stating that the decision was not enough.
Turkish banks cooperate for joint ATM networks
Following Turkish state lenders' step to gather automated teller machines (ATMs) under a joint brand, a private lender has struck deals with two major private banks to offer expanded ATM services to its customers.
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