Browsing: Funding Costs

Equities
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Turkish Banks: Out of Deep Waters?

Despite the recent decline in the stock market, key fundamentals still build a supportive case for Turkish banks. Fiscal year growth is likely to exceed expectations, margins are to recover through in last quarter of this year and in 2014, as well as, despite the…

Macro View
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Remember What Happened in 2001?

With the outbreak of huge financial turmoil of Turkey in 2001, we saw Turkish lira dramatically depreciates against other currencies in nine consecutive days. Even though some dissimilarities exist between today and 2001, the recent moves in Turkish Lira as same as they were 12…