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ING Bank turns off the lights for 1 hour against global warming
ING Bank keeps supporting the EARTH HOUR, an action that aims to draw attention to global warming all around the world and in Turkey as well. ING Bank Turkey will switch its light of on 31 March Saturday for one hour at 20.30 - 21.30 local time. Within the scope of this action, all lights of the head office building will be switched off except for the obligatory areas such as security.
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Mercedes-Benz Türk and Akbank to offer market specific applications
Working towards designing the accurate products and services with the principle of meeting customer requirements at the highest level, Akbank is planning to create systems that will provide the best service to dealers, suppliers and customers of Mercedes-Benz Turk through some new applications developed in cooperation with Mercedes-Benz Turk.
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İşbank opens branch in Moscow
Turkey's İş Bank opened an overseas branch in the Russian capital of Moscow yesterday.
İş Bank Chairman Ersin Özince said that the bank had not been as quick as other industrial companies to open an overseas branch attributing this to the
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Allianz published the International Pension Report
According to the International Pension Report published by Allianz in September 2011, Turkey still has an advantageous status among OECD (Organization for Economic Cooperation and Development) countries demographically. Turkey's high
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Ray Sigorta achieves profitability with its portfolio transformation strategy
Levent Şişmanoğlu, General Manager of Ray Sigorta, made an assessment on the company's portfolio transformation strategy and financial results, saying "Our strategy to increase the share of non-motor insurance lines in or portfolio and to work as a productivity-based company that we initiated last year, began to yield results as of the end of the ninth month of this year. We managed to achieve a 1.8 million TL profitability in our balance sheet as of the third quarter.
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Second UK-Turkey CEO forum organized
The first UK-Turkey CEO Forum was organizes in March, with the participation of the PrimeMinisters of United Kingdom and Turkey, David Cameron and Recep Tayyip Erdoğan. The second summit was organized on 23 November.
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Banks' profits decrease by 15 percent
Net profit of banking market falls down to TRY 12.7 billion as of August. According to the results announced by the Banking Regulation and Supervision Agency (BRSA), net profit of banking market regressed by 15 percent, to TRY 12.7 billion as of August.
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TL 1.1 billion net profit from Yapı Kredi
Yapı Kredi posted TL 1 billion 101 million net profit in the first half.
In the second quarter, Yapı Kredi increased its net profit up to TL 569 million, by 7 percent compared to the previous quarter; while growing its total income by 3 percent over the same period of
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DenizEmeklilik is sold to Metlife
DenizBank has signed an agreement with US insurance giant MetLife in order to sell 99.86 percent of its shares in DenizEmeklilik for Euro 161.9 million. DenizBank branches will only sell MetLife pension and life insurance products for 15 years based on the life
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Moody's' warns Turkey about the ratings
Moody's warned Turkey. According to the statement from the rating institution, Turkey's domestic and external imbalances could affect its positive rating outlook if left unaddressed.
The statement said, the resilience of Turkey's economic and fiscal
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Denizbank posts TL 426 million profit
Denizbank reported TL 426 million net profit in the first six months of the year.
In the first half of the year, Denizbank's assets grew by 16 percent reaching TL 39 billion 188 million; while the equities increasedby 11 percent on
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OECD: Turkey will continue to grow
The Organization for Economic Cooperation and Development (OECD) said in its economic forecast report that Turkey's growth rate would be 6.5 percent in 2011 and 5.3percent in 2012.
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Statement from Garanti
On March 22, 2011, the acquisition of T. Garanti Bankası A.S. shares owned by Doğuş Holding A.Ş. representing 6.2902 percent of the share capital of the Bank and T. Garanti Bankası A.Ş. shares
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World's biggest insurance company: AXA
According to the findings of A.M Best, AXA is the biggest insurance company in the world.
The list prepared according to the net premiums underwritten in 2008 and 2009 by A.M. Best, one of the leading financial rating companies in the world which has more than a hundred years of expertise
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Foreigners say 'Garanti'
84 percent of the stock exchange transactions of foreigners at Istanbul Stock Exchange during August were concentrated on the shares of 20 companies.
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