Edition:
United Kingdom

Nevzat Devranoglu

Turkey adjusts reserve rules to spur loans to production sectors

09 Dec 2019

ISTANBUL Turkey's central bank on Monday effectively raised the ceiling on loan growth targets needed for banks to qualify for lower required reserve ratios, while introducing regulations aiming to channel loans to production-oriented sectors.

RPT-POLL-Turkish economy to expand in Q3 and grow 0.5% this year

02 Dec 2019

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=TRGDPQ%3DECI quarterly GDP poll data

POLL-Turkish economy to expand in Q3 and grow 0.5% this year

29 Nov 2019

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=TRGDPQ%3DECI quarterly GDP poll data

Turkish central bank to take steps to direct loans across economy: sources

28 Nov 2019

ANKARA Turkey's central bank is set to adjust a tool it introduced this summer to boost lending in specific sectors of the recession-hit economy, starting by tweaking reserve requirements to squeeze more credit from lenders, two people familiar with the matter said.

Turkish central bank to take steps to direct loans across economy -sources

27 Nov 2019

ANKARA, Nov 27 Turkey's central bank is set to adjust a tool it introduced this summer to boost lending in specific sectors of the recession-hit economy, starting by tweaking reserve requirements to squeeze more credit from lenders, two people familiar with the matter said.

Erdogan leans on Turkish central bank for risky 'single digit' rates

26 Nov 2019

ISTANBUL/ANKARA Turkish President Tayyip Erdogan urged the central bank on Tuesday to continue slashing interest rates, after it already cut by 1,000 points since July, saying both rates and inflation would hopefully hit single-digits next year.

Turkish bankers concerned by drop in key central bank account

22 Nov 2019

ANKARA, Nov 22 A so-called valuation account at Turkey's central bank has fallen by a third over the last month, prompting concerns among some bankers that the bank may transfer some of the funds to government coffers.

Istanbul in talks for metro funding as new mayor visits London - sources

14 Nov 2019

ANKARA Istanbul is in talks to borrow in international markets to finance ongoing rail projects, two bankers with knowledge of the matter told Reuters on Thursday, as the city's new mayor kicked off meetings with investors in London.

Istanbul in talks for metro funding as new mayor visits London -sources

14 Nov 2019

ANKARA, Nov 14 Istanbul is in talks to borrow in international markets to finance ongoing rail projects, two bankers with knowledge of the matter told Reuters on Thursday as the city's new mayor kicked off meetings with investors in London.

Turkey's Erdogan says Kurdish YPG have not left Syria "safe zone"

05 Nov 2019

ANKARA/ISTANBUL Turkish President Tayyip Erdogan said on Tuesday the Kurdish YPG militia had not withdrawn from some Syrian border areas and that U.S. forces were still carrying out joint patrols with the group, contrary to an agreement between them.

World News