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IFC loans $50 million to Turkey’s Oyak Bank

facility to Oyak Bank in Turkey. The International Finance Corporation (IFC), ... finance facility to Oyak Bank in Turkey.     This is IFC's second loan to Oyak Bank, the first being a $40 million syndicated facility which was fully repaid in June 2003. Oyak Bank ...

15/08/2010 - 12:20 - comment 0

Turkey sells seized bank to army-run enterprise

that OYAK, which is run by retired military officials, planned to merge Sumerbank with its own bank ... a seized bank being managed by a state fund to a company run by the army as part of a tough program to clean up the ailing banking sector.   "The agreeme Turkey said Thursday, ...

15/08/2010 - 15:47 - comment 0

Fitch upgrades long-term ratings of Turkish banks

Finansbank, Garanti Factoring and Oyak Bank. — (menareport.com)  © 2003 Mena Report ( ... currency and local currency ratings of a number of Turkish banks, following its upgrade of the Republic ... the long-term foreign currency and local currency ratings of a number of Turkish banks, following its upgrade ...

15/08/2010 - 12:33 - comment 0

Fitch revises long-term and national ratings of Turkish banks

Akbank, Denizbank, Disbank, Finansbank, Garanti Factoring, Garanti leasing, HSBC Bank, Kocbank, Oyak Bank ... rating actions for the debt ratings of Turkish banks Following the downgrade ... announced various rating actions for the debt ratings of Turkish banks and financial institutions.     ...

15/08/2010 - 12:51 - comment 0

Possible foreign buyers found for two seized Turkish banks

NovaBank S.A. of Greece and Turkish conglomerate Koc Holdings have been chosen as the possible buyers of the two seized Turkish banks, Sitebank and Etibank, that are presently managed by the state. NovaBank S.A. of Greece and Turkish conglomerate ...

15/08/2010 - 15:46 - comment 0

Ford Otosan plans $1 billion in annual exports to Western Europe

was that the government would instruct banks not   to lend money for buying imported cars. The government has denied   the speculation on both counts.    Oyak Renault car production up 48%   Turkish auto maker Oyak ... Tofas followed Oyak Renault in car production with 61,068 units,   an increase of 35 percent from ...

16/08/2010 - 00:01 - comment 0