Showing posts with label oofc. Show all posts
Showing posts with label oofc. Show all posts

Friday, 10 December 2010

FINANCE - Gov’t plans to ship bourse across Bosphorus

Speaking at a conference marking the 25th anniversary of the Istanbul Stock Exchange, PM Recep Tayyip Erdoğan says he plans to move the bourse to Ataşehir on the Asian side of the city. The government aims to turn the Ataşehir district into a regional and then a global financial center, as various financial institutions are buying up land in the area
The government, led by PM Recep Tayyip Erdoğan, aims to turn the Ataşehir district, on Istanbul’s Asian side, into a regional and then a global financial center. AA photo

The government, led by PM Recep Tayyip Erdoğan, aims to turn the Ataşehir district, on Istanbul’s Asian side, into a regional and then a global financial center. AA photo
Prime Minister Recep Tayyip Erdoğan has upped the ante in his grand plan to turn Istanbul into a regional financial hub, announcing his intent to move the Istanbul Stock Exchange, or ISE, currently in İstinye, to Ataşehir on the Asian side of the city.

Interior Minister Beşir Atalay said in a separate statement that the Turkish Central Bank would remain headquartered in Ankara for the time being.

Speaking at a conference marking the ISE’s 25th anniversary, Erdoğan said the headquarters of state banks and “of relevant institutions” will be moved to Istanbul in the next two or three years. “We also wish to move the ISE to the finance center,” Anatolia news agency quoted him as saying.