Turkish Banking Regulation and Supervision Agency

There is no sign of deterioration in the Turkish banking sector's nonperforming loans or assets quality, which could disturb the system, the head of the Turkish Banking Regulation and Supervision Agency said on Jan. 9, describing a recent Moody's report as "ill-intentioned."

Turkey's Saving Deposits Insurance Fund (TMSF) has probed more than 1.6 million bank accounts so far over demands from a number public institutions wanting to learn whether any of their employees had an account with Bank Asya, seized by the state over its links with the Gülen movement, which was believed to be the mastermind behind the failed July 15 coup attempt. 

Turkey?s Ziraat Bankas? General Manager Hüseyin Ayd?n has told reporters that the state-run lender plans to launch its off-shoot, Ziraat Kat?l?m Bankas?, an Islamic participation bank, on May, 29, which is the anniversary of the Ottoman conquest of Istanbul.