In Turkey, the exit of the ULKER-family out of the financial sector was the most remarked event. The direct shareholdings in Turkiye Finans and Albaraka Turk were transferred to the Yildiz-group structure and there was a clear exit of the interests out of BMD Securities in favor of the Boydak-group.
Turkey did host the COMCEC meeting, that proved to fulfill the expactations and Moody's upgraded Turkey's ratings.
On the international level, the establishment by the IFSB (Singapore) of the International Islamic Liquidity Management Corporation (to be hosted in Malaysia) caught the headlines. Liquidity management always has been a weak spot for the Islamic banks and this international initiative is timely.
There were some new publications of ISRA and a study of the IMF - Islamic banks: more resilient to the crisis ?
In the VIDEO-section you can find some more publicity clips from the Participation Banks.
Hereunder are the links :
Showing posts with label week. Show all posts
Showing posts with label week. Show all posts
Tuesday, 12 October 2010
Sunday, 19 September 2010
This week in review : Sept 12 - Sept 19, 2010
Though with the last remnants of the Bayram still lingering around, the week has been rather busy.
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