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“We signed a loan agreement of 895.7 million euros with the World Bank”
Business

“We signed a loan agreement of 895.7 million euros with the World Bank”

Bywadmin September 22, 2023

Minister Şimşek said that renewable energy investments and efficiency in production are important to reduce the current account deficit and foreign dependency, and that the Ministry continues to work on the financing needed for new…

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Foreign loan debt of the private sector decreased
Business

Foreign loan debt of the private sector decreased

Bywadmin September 14, 2023

The developments in the credit debt of the private sector from abroad for the period of July 2023 were published by the Central Bank of the Republic of Turkey (CBRT). Accordingly, in July, the total…

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1 billion dollar loan from the World Bank for the earthquake zone
Business

1 billion dollar loan from the World Bank for the earthquake zone

Bywadmin September 9, 2023

In his written statement on the subject, Minister Özhaseki announced that the World Bank has approved $1 billion in financing to support efforts to restore basic public services and build resilient rural dwellings in areas…

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World Bank approved $1 billion loan support for the earthquake zone
Business

World Bank approved $1 billion loan support for the earthquake zone

Bywadmin September 9, 2023

In his written statement on the subject, Minister Özhaseki announced that the World Bank has approved $1 billion in financing to support efforts to restore basic public services and build resilient rural dwellings in areas…

Read More World Bank approved $1 billion loan support for the earthquake zoneContinue

Banking sector loan volume reached 10 trillion 349.7 billion liras
Business

Banking sector loan volume reached 10 trillion 349.7 billion liras

Bywadmin September 1, 2023

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector decreased by 16 billion 334 million liras as of August 25. In the said period,…

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Regulation on housing loans from BRSA: Second house loan constraint
Business

Regulation on housing loans from BRSA: Second house loan constraint

Bywadmin August 28, 2023

Financial stability is being strengthened, macro-prudential measures continue to be taken one by one. This time, the address of new steps is the housing sector. Consumers who want to buy their second home have a…

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1 billion dollar loan support to exporters
Business

1 billion dollar loan support to exporters

Bywadmin August 28, 2023

The signing ceremony of the “Maturity (YOU) Export Credit Package”, which was held with the participation of TIM and 11 banks, was held at the TIM headquarters. Within the scope of the “Maturity (YOU) Export…

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Housing loan decision from BRSA – Breaking News
Business

Housing loan decision from BRSA – Breaking News

Bywadmin August 25, 2023

Financial stability is being strengthened, macro-prudential measures continue to be taken one by one. The new step was towards housing loans. Consumers who want to buy their second home have a credit limit. Now those…

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Minister Şimşek’s order to increase the loan guarantee amount for SMEs
Business

Minister Şimşek’s order to increase the loan guarantee amount for SMEs

Bywadmin August 25, 2023

Minister Şimşek made an assessment regarding the arrangement to be made in the credit guarantee mechanism for SMEs. Reminding that the definition of SME was amended with the regulation published in the Official Gazette in…

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Banking sector loan volume reached 10 trillion 366 billion liras
Business

Banking sector loan volume reached 10 trillion 366 billion liras

Bywadmin August 24, 2023

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector decreased by 5 billion 456 million TL as of August 18. In the said period,…

Read More Banking sector loan volume reached 10 trillion 366 billion lirasContinue

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