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EBRD and Borsa İstanbul in Exclusive Talks over Stake Sale
The European Bank for Reconstruction and Development (EBRD) is entering exclusive negotiations to acquire a 10 per cent stake in Borsa İstanbul, in a landmark deal which will support Turkey's efforts to reshape its capital markets.
Ziraat Participation Bank Started Operations
Ziraat Participation Bank started its operations on May 29th. President of the Republic of Turkey, Recep Tayyip Erdoğan and Deputy Prime Minister, Ali Babacan attended the opening ceremony.
Finance Technopark Information Meeting was Held
Finance Technopark, established as a result of the cooperation of Borsa İstanbul and Boğaziçi University, to host companies that will develop software on finance, has taken the first step in its efforts.
World SME Forum (WSF) launched in Istanbul
Deputy Prime Minister, Ali Babacan announced the official launch of the World Small and Medium Enterprises (SME) Forum on May 23rd, a major new initiative to drive the contributions of small- and medium-sized companies to global economic growth and employment.
ICBC Completed the Takeover of Tekstilbank
The Industrial and Commercial Bank of China Limited (ICBC), the world's largest bank, has completed a takeover of some 75.5 per cent of the stakes in Turkey's Tekstilbank.
6th World Forum on Energy Regulation was Held
Hosted by Turkey's Energy Market Regulatory Authority (EMRA), the sixth World Forum on Energy Regulation (WFER), provided a bridge between different regulators in energy markets on May 25th-28th.
Turkey’s Foreign Debt Declines in March
Turkey's liabilities outside of the country decreased by 7.1 per cent to $612.2 billion in March, compared with that number at the end of 2014, the Central Bank of Turkey announced on May 18th.
THY's Profit Rises
Turkish Airlines, announced its operating net profit reached $153 million in the first quarter of 2015.
June 2-3, Singapore
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Istanbul International Academic Conference on Business
June 7-10, Istanbul
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2nd Borsa İstanbul Finance & Economics Conference
October 1-2, Istanbul
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