Browsing: TSKB

Sector Reports
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Turkish Banks: 4Q 2015 Earnings Preview

Turkish banks are up 3.5% on average year-to-date with tailwinds from a better outlook for 2016 and easing regulation standards. However, since last year, Turkish banks have performed remarkable worse in a MENA context. The “exciting” period regarding the political risks and the continuation of…

Sector Reports
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Banks to Face Risks from FX Liabilities

The U.S. Federal Reserve tightening that is to set off a big exodus from emerging markets, coupled with rising geopolitical tensions in the Middle East has currently weighed on Turkish markets. We have seen all Turkish asset classes posting heavy losses as well as Turkish…