www.hurriyetdailynews.com - Professionals from Turkey’s biggest lenders, participating in the 1st Uludağ Economy Summit, expressed their support for Turkey’s bid to make Istanbul into a regional finance center, while saying that the task will not be an easy one.
While London tops the list of world finance centers, Istanbul remains at number 62 out of 75, said Faik Açıkalın, general manager of Yapı Kredi Bank, speaking at the summit, held in the northwestern province Bursa. Since the start of the economic crisis in 2008, many foreign investors and financial institutions have left Dubai, Açıkalın added. “This is a chance for Turkey.” However, according to Açıkalın, Turkey’s dream will not be easy to realize, due to Istanbul’s current performance compared to its competitors across the world. “Despite the crisis, the list of Europe’s Top 20 finance centers includes Athens, but Istanbul does not appear on the list. Seoul, Shanghai and Singapore are in the list of possible candidates as global finance centers, but Istanbul is not.” (source)
Showing posts with label iifc. Show all posts
Showing posts with label iifc. Show all posts
Monday, 19 March 2012
Friday, 10 December 2010
FINANCE - PM Erdoğan says İMKB may be moved to new finance center
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| PM Erdoğan speaks during the 5th anniversary meeting of the foundation of the İMKB. He said they are considering moving the bourse to a new location in İstanbul. |
FINANCE - Turkish PM seems resolute to turn Istanbul into global financial hub (celebration ISE Istanbul Stock Exchange 25 years)
Erdogan said that headquarters would be carried to Istanbul in the next 2 or 3 years.
In his speech at a conference organized by the Istanbul Stock Exchange on Thursday, Erdogan said that headquarters would be carried to Istanbul in the next 2 or 3 years.
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