Turkey

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Which sectors of the economy have attracted the most attention from the country’s holding companies and investors more generally?

The corporate scandals in global markets over recent years and institutional investors’ power to lead companies have made corporate governance principles a substantial and noteworthy investment criteria. This is especially true for developing countries, due to concerns over distinguishing the company’s ownership and management, independent...

As e-commerce grows, how can small and medium-sized enterprises (SMEs) use technology to their advantage and what is its overall economic impact? ÖZYEĞİN: Turkish companies and consumers have adapted to increased use of the internet and social media networks. Turkish “.com” companies such as yemeksepeti.com, a food delivery...

Articles & Analysis | Halkbank: Banking from The Report: Turkey 2012

THE COMPANY: In 2011 the central bank’s macro-prudential policy measures utilised tools that directly and adversely affected Turkish banks. However, the tightening should lessen in 2012 as we foresee growth concerns surfacing and supportive macro data. Accompanied by improving global risk appetite and...

There was good news for Turkey in 2012 in the pages of the World Bank/International Finance Corporation’s “Doing Business 2012” report. In 2011 the country rose two places in the global rankings, to 71st out of 183 economies. This placed it ahead of the Eastern Europe and Central Asia average of 77th and well ahead of some regional competitors, such...

The top five Turkish lenders in account for nearly 60% of the assets in the banking sector. The state has ownership stakes in three of Turkey’s top 10 banks; and the second-largest bank, Ziraat, is 100% state-owned. While domestic players account for eight of the 10 biggest lenders in the country, four of these are at least partially owned by...

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