Latest News for: ziraat bank

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Turkey inflation spirals to nearly 70 percent

The Manila Times 06 May 2022
Erdogan has put pressure on the nominally independent central bank to slash interest rates ... Erdogan's government has responded by using state banks to buy up liras in a bid to cut the currency's losses ... The former deputy general manager of Turkey's state bank Ziraat shared information he received from banking circles, Turkish media reported.
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Inflation in Turkey spirals to nearly 70% in April

RTE 05 May 2022
Erdogan has put pressure on the nominally independent central bank to start slashing interest rates ... Erdogan's government has responded by using state banks to buy up liras in a bid to cut the currency's losses ... Former deputy general manager of Turkey's state bank Ziraat shared information he received from the banking circles, Turkish media reported.
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Turkey’s inflation rate soars to almost 70 percent

Al Jazeera 05 May 2022
Erdogan has put pressure on the nominally independent central bank to start slashing interest rates ... “The central bank sells $2.5-3bn a week through public banks,” a former manager in Turkey’s state-owned bank Ziraat was quoted as saying this week. He was sharing privileged information he received from banking circles, Turkish media reported.
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Turkey inflation spirals to nearly 70 percent in April

The New Arab 05 May 2022
Erdogan has put pressure on the nominally independent central bank to start slashing interest rates ... Erdogan's government has responded by using state banks to buy up liras in a bid to cut the currency's losses ... The former deputy general manager of Turkey's state bank Ziraat shared information he received from banking circles, Turkish media reported.
photo: AP / Turkish Presidency
Turkey's President Recep Tayyip Erdogan speaks after a cabinet meeting, in Ankara, Turkey, Monday, Dec. 14, 2020.
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Turkey inflation jumps to nearly 70 percent in April

The New Arab 05 May 2022
Erdogan has put pressure on the nominally independent central bank to start slashing interest rates ... Erdogan's government has responded by using state banks to buy up liras in a bid to cut the currency's losses ... The former deputy general manager of Turkey's state bank Ziraat shared information he received from banking circles, Turkish media reported.
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Bank regulator puts German unit of Turkey's Ziraat under supervision

Reuters 19 Apr 2022
BaFin said it appointed the representative after the Frankfurt-based Ziraat Bank International AG did not obey its order to ensure its business complied with the German Money Laundering Act.
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Bank regulator puts German unit of Turkey’s Ziraat under supervision

FX Empire 19 Apr 2022
BERLIN (Reuters) – Germany’s financial watchdog BaFin said on Tuesday it had appointed a representative to ensure the German unit of Turkey’s Ziraat Bank fulfills obligations including obeying laws against money laundering.
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Turkey's Ziraat Bank secures $1.24 bln syndicated loan

Reuters 11 Apr 2022
ISTANBUL, April 11 (Reuters) - Turkey's Ziraat Bank said on Monday that it had secured a syndicated loan totaling $1.24 billion which will be used ...
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Ziraat Bank, one of the largest banks in Turkey, has signed a cooperation agreement with JCB

MENA FN 25 Feb 2022
(MENAFN - JCN NewsWire) Ziraat Bank, one of the largest banks in Turkey, has signed a cooperation agreement with JCB TOKYO & ANKARA, Oct 27, 2021 - (JCN Newswire) - A formal partnership has been ... .
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Turkey’s Ziraat Bank raises capital to 34.9 billion lira

FX Empire 16 Feb 2022
ISTANBUL (Reuters) – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial report, with the amount to be paid by the Turkey Wealth ...
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Turkish Ziraat Bank opens another branch in Azerbaijan

Marietta Daily Journal 10 Feb 2022
Feb. 10—The official opening ceremony of a new branch of the Turkish Ziraat Bank in Azerbaijan took place on Feb. 10, Trend reports. Currently, Ziraat Bank has six branches in Azerbaijan, four of which are located in Baku, one — ... .
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Azerbaijan's Ziraat Bank discloses net profit for 2021

MENA FN 27 Jan 2022
(MENAFN - Trend News Agency) BAKU, Azerbaijan, Jan. 27 By Nazrin Israfilova – Trend. Azerbaijan's Ziraat Bank completed 2021 year with the net profit worth 7.033 million manat ($4.1 million), which ... .
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Exclusive-Turkish bank employees compelled to boost lira-defence scheme -sources

Metro USA 18 Jan 2022
“The conversion from forex to lira was added as an employee performance criteria,” said one banker, who added that they were shown statistics from rival banks to encourage competition ... Out of those, Ziraat Bank declined to comment, while Vakif Bank and Halk Bank did not respond to requests sent on Friday.

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