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Istanbul stock exchange

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European partner of Turkey’s stock exchange to leave upon appointment of convicted banker

The European Bank for Reconstruction and Development (EBRD) will sell its 10 percent stake in the İstanbul exchange after a former Halkbank executive who was jailed...
Business

Convicted banker’s appointment at Turkish bourse opposed by European partner: report

The European Bank for Reconstruction and Development (EBRD) is against Turkey’s appointment of a convicted banker as head of the stock exchange, saying it now has the...
Business

Banker convicted in US becomes general manager of Turkish stock exchange

Turkey’s finance minister has announced that a Turkish banker convicted in the United States of helping Iran evade economic sanctions has been appointed head...
Business

Turkey’s stock exchange moves to keep assets in local currency after Erdoğan’s call

Turkey’s stock exchange, Borsa İstanbul (BİST), on Friday moved to keep all its cash assets in accounts denominated in Turkish lira.   “In support of the...
Business

Erdoğan complains about high interest rates on eve of central bank meeting

Turkish President Recep Tayyip Erdoğan said on Wednesday that Turkey's real interest rate is among the highest in the world and that it needs...

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