Koç family

Turkish banking industry on foreign investors’ radar

After Goldman Sachs increases its earning per share (EPS) estimates for the Turkish banks in its coverage earlier this month, this time Bank of America (BofA) lifted its EPS for Turkish lenders.

"We continue to have a positive view on Turkish private banks," BofA said in a report released on Feb. 19.

Cello Paradiso at Yapı Kredi bomontiada

Yapı Kredi bomontiada's "Happenin' with you" concert series starts again with a concert by the band Cello Paradiso, consisting of Şafak Erişkin, Didem Erken, Gülyar Balcı ve Dilbağ Tokay, on March 21 at 8:30 pm. The concert will be followed by 'After-Classics Party,' to be organized by conductor and composer Murat Cem Orhan.

Mamut Art Project in its 10th year

Istanbul's contemporary art event, Mamut Art Project, which has been bringing together independent talents across Türkiye with art professionals for 10 years, will be taking place between Oct. 26 and 30 at Yapı Kredi bomontiada and online platform of mamutartproject.com. The works of 49 artists will be exhibited at the event.

US sales of Tofaş’s van to discontinue

Stellantis plans to discontinue the Ram ProMaster City, the smaller of the truck brand's two van offerings, after the 2022 model year as the segment dwindles rapidly in the U.S. and automakers focus on adding larger electric vans instead, Automotive News has reported.

The ProMaster City is built in Türkiye by carmaker Tofaş at its plant in the northwestern province of Bursa.

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