Banking Regulation and Supervision Agency

Three foreign lenders show strong interest in Turkey: Banking watchdog

Three foreign banks have voiced strong interest in Turkey and they are likely to enter Turkish markets in 2017, Mehmet Ali Akben, the Banking Regulation and Supervision Agency (BDDK) head, has said. 

Akben said they were lenders from the Gulf region that had banking licenses in Turkey, such as the Bank of Bahrain and Kuwait, which recently opened a representative office in Turkey. 

NEWS ANALYSIS: Russian ambassador's murder might have consequences

 

I knew Andrey Karlov in person. The Russian ambassador to Ankara was from the old school, a Cold War warrior, who even served in North Korea. In the worst times of the Turkish-Russian crisis after Turkey downed a Russian plane on the Syrian border, Karlov did not lose his calm.

Lender, airliner jointly launch new credit card in Turkish market

Odeabank, the subsidiary of Bank Audi in Turkey, and airliner Atlasglobal have jointly launched a new credit card, and target the issuing of 500,000 new credit cards. 

The companies introduced the new card, dubbed "Bank'O Atlas," at a joint press meeting in Istanbul on Nov. 23. 

Turkey gives permission to Bank of China to set up business: ?im?ek

Turkey's banking watchdog has given Bank of China (BOC) permission to launch operations in Turkey, said Deputy Prime Minister Mehmet ?im?ek on May 3. 

Noting that the bank first applied to the Banking Regulation and Supervision Agency (BDDK) in January for a Turkish banking license, ?im?ek said the BDDK decided to give the permission in its meeting on May 2. 

Turkey gives banking license to Bank of China: ?im?ek

Turkey's banking watchdog has approved of a banking license for the Bank of China (BOC), said Deputy Prime Minister Mehmet ?im?ek on May 3. 

Noting that the bank first applied to the Banking Regulation and Supervision Agency (BDDK) in January for a Turkish banking license, ?im?ek said the BDDK decided to give the license in its meeting on May 2. 

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