Halkbank

Turkey has managed economic difficulties arising from the pandemic well, President Recep Tayyip Erdoğan said on Sept. 16.

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.

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.

Τα σενάρια για τα επόμενα βήματα του Τούρκου προέδρου - Πονοκέφαλος και η δίκη Halkbank

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.

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.

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.

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 (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.

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.