Adnan Bali

The chief executive of Turkish private lender İşbank said on Jan. 6 that he will step down after a general assembly meeting in March, citing a term limit.

Turkey can overcome difficulties through its dynamic population, Adnan Bali, the CEO of private lender İşbank, said on May 22.

Turkey is under a speculative attack as the recent developments in the lira cannot be explained by the country's economic fundamentals, İşbank chief executive Adnan Bali said on Aug. 13.

Turkey's banking sector loan growth may exceed 15 percent this year, lower than an expectation of some 20 percent, Iş Bank chief executive Adnan Bali said on May 24, adding Credit Guarantee Fund-backed (KGF) loans may slow down in the rest of the year.

One of the key factors exhausting Turkey's economy is ongoing uncertainties, the head of Turkey's largest listed lender has said, adding that it will be important as to whether Turkey will focus on another date after the April 16 referendum.

Turkey's leading lenders have announced interest rate cuts in loans one-by-one, as the government calls for banks accordingly to "boost economic activity," ahead of a key meeting between Prime Minister Binali Yıldırım and top bank representatives late on Nov. 1. 

Do?an Holding has categorically denied accusations against the group and honorary chairman Ayd?n Do?an, saying the indictment made public on March 17 "is a new example of judicial oddities in our country."

The Banking Association of Turkey (TBB) members met businesspeople from Antalya, signaling support to sectors that have faced difficulties amid the Russian crisis and global fluctuations. 

The top chief of Turkey's ?? Bank has said the main point was to not trigger over-speculative moves in foreign exchange markets, especially in highly fluctuating periods, as there was no forex reserve, which is enough when needed in such periods.