
Asli Kandemir
Articles
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2 weeks ago |
bloomberg.com | Firat Kozok |Asli Kandemir
(Bloomberg) -- Turkish President Recep Tayyip Erdogan signaled the potential revival of a state-backed loan guarantee program that previously triggered a surge in corporate lending, raising the prospect of looser financial conditions for businesses. “I care about the Credit Guarantee Fund,” Erdogan told reporters on his return from a visit to Hungary, according to broadcaster NTV, adding that he had issued the “necessary warnings” to officials to activate the program.
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1 month ago |
news.bloombergtax.com | Patrick Sykes |Asli Kandemir
Azerbaijan’s Socar is in advanced talks to buy a gas-fired power plant in Turkey, a move that would see the state-owned producer and exporter of the fuel move downstream into the country’s electricity market. Turkey’s Gama Enerji AS received a non-binding bid of $225 million to $250 million from Socar’s local unit for the 870-megawatt Ic Anadolu facility, people with knowledge of the matter said.
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1 month ago |
news.bloomberglaw.com | Patrick Sykes |Asli Kandemir
Azerbaijan’s Socar is in advanced talks to buy a gas-fired power plant in Turkey, a move that would see the state-owned producer and exporter of the fuel move downstream into the country’s electricity market. Turkey’s Gama Enerji AS received a non-binding bid of $225 million to $250 million from Socar’s local unit for the 870-megawatt Ic Anadolu facility, people with knowledge of the matter said.
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1 month ago |
bloomberg.com | Beril Akman |Asli Kandemir
An Akbank TAS bank branch in the Levent district in Istanbul, Turkey, on Wednesday, Aug. 7, 2024. Turkey's central bank said it will keep monetary policy restrictive until it sees a permanent slowdown in monthly inflation, underscoring its commitment to stay away from premature interest rate cuts.
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2 months ago |
bloomberg.com | Kerim Karakaya |Tugce Ozsoy |Asli Kandemir |Beril Akman
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