Banks Association of Turkey

The Turkish Banking Association (TBB) on April 21 elected Alpaslan Çakar, the general manager of Ziraat Bank, as its new chairman.

In a statement, TBB said elections for the chairman of the board of directors and vice chairman were held at the board meeting.

Turkish banks operate in line with banking regulations, commercial practices and agreements, the president of the Turkish Banking Association (TBB) said on March 27.

Turkey's Football Federation (TFF) Chairman Yıldırım Demirören and Turkish Banking Association (TBB) Chairman Hüseyin Aydın

The Turkish Banks Association (TBB) on Oct. 8 advised lenders to restructure cash debts below 15 million Turkish Liras ($2.44 million) of businesses up to a 24-month installment due with a six month non-payment period under certain conditions.

Turkey's banking sector remains strong enough to manage risks and maintain its positive outlook, the Banks Association of Turkey (TBB) stated on May 16.

Turkish lenders gave "what they had" to offer loans to businesses in the first half of the year to give a boost to the economy and it is now time for lenders to take a rest in order to slash their operational costs, the head of the top banking association said.

Turkey?s Ziraat Bankas? General Manager Hüseyin Ayd?n has told reporters that the state-run lender plans to launch its off-shoot, Ziraat Kat?l?m Bankas?, an Islamic participation bank, on May, 29, which is the anniversary of the Ottoman conquest of Istanbul.