The Insurance chapter examines Turkey’s relatively small insurance market, which has seen steady growth with the expansion of the nation’s GDP. The sector is dominated by banks, which provide the most accessible outlets for customers. The sector is extremely crowded and very competitive, which has made it difficult for insurers to grow their business. Despite the challenges, however, gross...
Financial Services
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Chapter | Capital Markets from The Report: Turkey 2012
Late 2011 and early 2012 saw dramatic changes in Turkey’s capital markets, with a rebranding campaign for the Istanbul Stock Exchange – to the Istanbul Bourse (IMKB) – as well as the appointment of new leadership. The IMKB was greatly affected by economic instability elsewhere around the world, because many of the markets key investors are foreigners. Under its new leadership, the bourse is...
The Turkish banking sector learned hard lessons from the country’s financial crisis in 2001-02, and as a result, it was among the most stable and secure through the global financial crisis of 2008, remaining a safe harbour for foreign and domestic investors alike. The sector is very competitive, and profits declined during 2011 on the back of reduced margins from loans, however the stability of...
Una comisión mixta formada por los organismos reguladores del sector financiero peruano, ha finalizado su trabajo con una propuesta de reforma de los fondos privados de pensiones y pronto presentará sus ideas al Ministerio de Economía y Finanzas (MEF).
Lenders in Bahrain are hoping that the solid rates of growth many banks posted for the first quarter of 2012, coupled with forecasts estimating that the economy should expand between 3.2% and 3.6% this year, mark the beginning of an upward turn for the Kingdom’s banking industry.
Economic update | Kuwait: Marketing the markets
6 Jun 2012
The Kuwait Stock Exchange (KSE) is in the midst of what has been described as the largest overhaul of its trading system in almost 20 years, and measures to privatise the bourse, streamline procedures and strengthen transparency all aim to raise the market’s profile and appeal as an investment destination.