Almost all banks seek to transfer these operations to one local institution — Emlak Katılım.This is due to concerns about sanctions and restrictions. Banks that do not have foreign partners refund dollar and euro payments for transactions with Russian and Belarusian companies and advise customers to contact Emlak Katılım to make payments in Turkish lira.Emlak Katılım is the only bank in Turkey that carries out trade transactions in the Russian ruble/Turkish lira pair. Commissions for such transa... Více
Following the weakened data from the eurozone economic indicators, the European Central Bank does... Více
Asset bubble in Tokyo could be reversed for a long run since the economic expansion in the 1980s as... Více
According to National Economic Council Director Larry Kudlow, US President Donald Trump... Více
The central bank of Colombia is not yet certain of food price increase in the second half of the... Více
India and Sweden joined hands in pioneering seed money to support start-ups in some sectors, said... Více
The service sector in Japan grew at a slower manner in the period of one year and five months with... Více
Other concerns affiliated with financial institutions especially on Shadow banking risks in China... Více
Consumer spending in South Korea declined to its record low in 2017 alongside the dull employment... Více
Minimal inflation is anticipated by the corporate of Japan that is likely to remain in the next... Více
The factory activity in the United States had slowed down for the month of March alongside the... Více
Exports from Turkey was recorded to be in the total value of $15.1 billion for the month of March,... Více
The manufacturing activity of Japan had improved in a gradual momentum last month, as shown in the... Více
Economic activity in China continues to be strong in the first quarter with hiring almost reaching... Více
According to the Japanese Prime Minister Shinzo Abe, plans of sales tax hike will still be pushed... Více
Great Britain should expect a slower economic growth in case that immigrants will leave after the... Více
The consumer sentiment index of South Korea in March had a dip for four consecutive months towards... Více
The Fed President of Cleveland Loretta Mester believes that the trade war breakout fixes... Více
According to the International Monetary Fund, the economic recovery of Switzerland may be disturbed... Více
The forecast consumer inflation pressure for the year is presumed to be in a “mild” manner as the pr... Více
According to a report, UK car sales are expected to decline for in 2018 alongside the softening of... Více
On Wednesday, the Federal Reserve of the United States finally lifted its key interest rates which... Více
German private sector growth slightly weakened for this month due to slackening performance of... Více
The unemployment rate in Australia surged last month since the total part-time jobs declined and... Více
The manufacturing activity of Japan grew at a gradual pace this month compared to February, showing... Více
The Fed Reserve implemented the interest rate hike yesterday (March 21) and expected to have two... Více
The Federal Reserve is anticipated to execute the rate hike on its first policy meeting under... Více
Fiscal revenue of China soared from January to February of the year to 15.8 percent year-on-year... Více
The Chinese government opted for a proactive fiscal policy but still cautious in a neutral monetary... Více
Japanese Trade Minister Hiroshige Seko says the possibility for exemption on U.S. tariffs on some... Více
The disapproval rating of Prime Minister Justin Trudeau from the Canadian rose higher than 50... Více
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