WBAL

Judge: Turkish bank can’t deny knowledge of criminal charges

NEW YORK (AP) — A judge cited “extraordinary” and “remarkable” meetings two years ago involving top U.S. and Turkey political figures to intervene in a New York prosecution Thursday as he rejected ...
Business Wire

Turkish Bank, İşbank, Selects Driverless AI Platform from H2O.ai for Income Prediction, Cash Forecasting & Check Default Prediction Applications

LONDON & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--H2O.ai, a leading AI technology software company, has announced that İşbank, officially Türkiye İş Bankası, the largest private bank in Turkey, has ...
Hosted on MSN

Turkey's central bank lowers benchmark interest rate to 45%

ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was ...

Turkish Central Bank Total Reserves Fell Nearly $6 Billion Last Week, Bankers Say

ANKARA, Feb 24 (Reuters) - ⁠The ⁠Turkish Central ⁠Bank's total reserves are ​expected to have decreased ‌by around $5.8 billion ‌last week ⁠to $206 ⁠billion, due to a eurobond redemption, bankers ...
Euromoney

Turkey gets a foreign bank makeover

ONCE UPON A time the Turkish banking sector was exactly that – almost entirely Turkish in character. In the 1980s there were only a few foreign banks in the country’s financial services sector, which ...

Turkey's central bank lowers key interest rate as inflation slows

ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by a further 2.5 percentage points on Thursday, ...
Euromoney

Lira rout sharpens Turkish bank risks

Turkish loan growth slowed last year, from around 30% in 2013, according to central bank data. But lending still expanded at around 20%, and in the first six months of 2015 loan growth – 13% – was ...
U.S. News & World Report

Turkish Central Bank Says Rate Cuts 'Not on Autopilot', Lifts Inflation Forecast

ISTANBUL (Reuters) -Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate cuts and its decisions are based on data, in comments ...
KLFY News 10

Turkey’s Central Bank intervenes as currency hits record low

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ANKARA, Turkey (AP) — The Turkish currency ...

Turkish central bank total reserves fell nearly $6 bln last week, bankers say

The Turkish Central Bank's total reserves are expected to have decreased by around $5.8 billion last week to $206 billion, ...
Newsday

Turkey's central bank lowers key interest rate to 47.5%

ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring ...