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Statement on BES from the Insurance Association of Turkey and New Credit Regulations by BRSA
The Insurance Association of Turkey stated that there is no liquidity problem in BES following fund liquidations. Meanwhile, BRSA announced new decisions regarding credit card and mobile phone loans.
News
Economy
Decision in banking and factoring sector: Management of five companies transferred to SDIF
The Banking Regulation and Supervision Agency transferred the management of a total of five institutions, including three investment banks and two factoring companies, to the Savings Deposit Insurance Fund.
News
Economy
Rights of three investment banks and two factoring companies transferred to SDIF management
Within the scope of the fund investigation process, partnership rights other than dividends of three investment banks and two factoring companies began to be exercised by the SDIF upon a BRSA decision.
News
Economy