International Finance

Tag : Turkey

BankingFinance

Access to credit for ‘unscoreable’ consumers and entrepreneurs

New agreement between FICO and EFL can help millions of consumers in emerging markets October 26, 2016: As part of its FICO Financial Inclusion Initiative, analytic software firm FICO has announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL’s...
Economy

‘Bill for Turkey coup attempt is $100 billion’

Minister says rebels made Turkey look like a Third World country IFM Correspondent August 3, 2016: The bid to overthrow the government of President Recep Tayyip Erdogan proved very costly for Turkey. According to Bulent Tufenkci, customs and trade minister, the attempt came at of cost of $100 billion (300 billion liras) to the economy....
Banking

‘Odeabank stays ahead by using advanced technology’

An interview with Hüseyin Özkaya, CEO of Odeabank June 29, 2016 : Where does Odeabank stand in Turkey’s banking sector? Seizing the competitive edge through its distinctive advantages, such as effective risk management principle, strong shareholder base, experienced and committed personnel aspiring to success as well as efficient technological infrastructure, today Odeabank is ranked number 9...
Economy

Dim outlook for Europe in 2016

Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...
FinanceWealth Management

The power of 3

The key points behind the success of ATIG Investment & Securities May 22, 2015: ATIG was founded in Istanbul, Turkey in 2012 for providing FX, precious metals, CFDs, stock certificates, Istanbul Futures and and Options Market (V?OP) and all kinds of domestic and International online financial products. As ATIG Investment & Securities, we have grown...
Banking

Odeabank: From the 49th place to 13th in 15 years

The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...