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New Executive Vice President Appointed for Commercial and SME Banking at Yapı Kredi
Yapı Kredi has announced the appointment of Tolga Özdemir, Head of Commercial Banking Management, as the Executive Vice President of Commercial and SME Banking. With nearly 30 years of banking experience, Özdemir will assume his new role following the completion of official approval processes.
News
Economy
TOBB President Hisarcıklıoğlu Calls for Access to Finance in Diyarbakır
TOBB President Rifat Hisarcıklıoğlu emphasized the impact of the peaceful environment on trade at the Business Finance Meeting held in Diyarbakır. Highlighting the real sector's challenges in accessing finance, Hisarcıklıoğlu requested that banks reflect interest rate cuts in commercial loans.
News
Economy
Balance in FX-Protected Deposit accounts has been reset to zero
According to data from the Banking Regulation and Supervision Agency (BDDK), the balance in FX-Protected Deposit (KKM) accounts has decreased by 4 million liras and has been completely closed. Treasury and Finance Minister Mehmet Şimşek evaluated this development as the successful completion of one of the economic program's objectives.
News
Economy
Hong Kong Financial Regulators Expand Artificial Intelligence Testing Program
Hong Kong financial regulators have selected 36 use cases for the first phase of an expanded artificial intelligence testing program covering the banking, insurance, and other financial sectors.
News
Artificial Intelligence
Accounts in the Currency Protected Deposit system have been zeroed out
According to data from the Banking Regulation and Supervision Agency, the account balance in the Currency Protected Deposit system, which has been in effect since 2021, was completely zeroed out as of the week of August 21, 2026.
News
Economy
