Capital Markets Board

Turkey's main stock exchange, Borsa Istanbul, has said all trading transactions are closely followed and the capital markets watchdog is informed about any suspicious transactions in a written statement on March 12, following a Bloomberg report and the following stories about a mysterious investor, dubbed "the dude," who was said to be responsible for massive transactions in the Turkish markets

Leading mobile operator in Turkey Turkcell has decided to establish a consumer financing company with a capital ceiling of up to 500 million Turkish Liras ($171.5 million), it said in a written statement to the Public Disclosure Platform on Aug. 27.

National Bank of Greece still plans to eventually hold a public offering for some of its stake in Turkey?s Finansbank and is continuing work towards a share sale, Finansbank said on July 15.

Former Energy Minister Hilmi Güler said it was through head hunters that he became a board member of Turkey's Tekstilbank, a majority stake of which was acquired by China's Industrial and Commercial Bank of China (ICBC). 

Ak G?da, the dairy unit of Turkey?s largest food group Y?ld?z Holding, said on March 13 that it had applied to the Capital Markets Board (SPK) for an initial public offering (IPO) of up to 45 percent of the company.

Prime Minister Ahmet Davuto?lu has held meetings with the chiefs of key monetary and financial institutions, including the Central Bank governor, shortly after returning from New York where he had sought to assure investors spooked by President Recep Tayyip Erdo?an?s recent tirades against the Central Bank.

Turkey's biggest mobile operator Turkcell has announced that company CEO Süreyya Ciliv has decided to resign from his position, effective from Jan. 31, in a written statement to the Public Disclosure Platform late on Jan. 28.

The Turkish Treasury under Deputy Prime Minister Ali Babacan saw a large scale reshuffle on Nov. 4, with around 20 people removed from their posts.

The reshuffle came as the former Treasury Undersecretary İbrahim Çanakçı began his post at the International Monetary Fund (IMF) as executive director.

Islamic lender Bank Asya has received another blow, as the Capital Markets Board (SPK) did not approve a 140 million-Turkish Lira sukuk issuance from the lender’s asset leasing subsidiary.

The lender’s share trading was suspended by the Borsa Istanbul stock exchange on Aug. 14 until “uncertainty regarding its ownership is resolved.”

Eczacıbaşı, one of Turkey’s largest companies, has announced it will apply to withdraw its construction materials subsidiary from the stock exchange amid an exodus stirred by a new regulation.