Turkey Market Profile

April 16, 2014 - 2:58pm from Center for Financial Inclusion Blog
> Posted by Jeffrey Riecke, Communications Assistant, CFI A few days ago news broke that Facebook, the social media giant with over a billion users worldwide, is making preparations to begin offering international money transfer services. Although the development has been dismissed by Facebook as rumor, the prospect of this enormous network enabled for money transfer and the huge global need for this service makes this a ...
April 15, 2014 - 4:32pm from MicroCapital
The European Fund for Southeast Europe (EFSE), a Luxembourg-based microfinance investment vehicle (MIV), has disbursed a senior loan of EUR 20 million (USD 26.4 million) to Yapi Kredi Leasing, a financial institution that is majority-owned by Turkish commercial bank Yapi Kredi, to support its leasing services for micro-, small and medium-sized enterprises (MSMEs). Half of the funds are designated for leasing to MSMEs in unspecified lesser-developed regions of Turkey. Yapi Kredi offers ...
April 15, 2014 - 12:52pm from MicroCapital
The European Investment Fund (EIF), a public-private partnership that provides risk capital to small and medium-sized enterprises (SMEs), and the European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development bank, recently announced an agreement to allocate a total of EUR 14.5 million (USD 19.8 million) to support investing in SMEs in the Western Balkans region through the Western Balkans Enterprise Expansion Fund (ENEF). EIF’s commitment, the size of which ...
April 12, 2014 - 5:03am from MicroCapital
AlHuda Centre of Islamic Banking and Economics (CIBE), a Pakistan-based NGO that promotes Islamic banking, and the Statistical, Economic and Social Research & Training Centre for Islamic Countries (SESRIC), a subsidiary of the Turkey-based Organization of Islamic Cooperation (OIC), have signed a memorandum of understanding to provide training and capacity building services to the central banks of the 57 member countries of OIC. The main purpose of the program will be to align central ...
April 2, 2014 - 8:29pm from Microfinance Nigeria
AlHuda CIBE will provide Trainings and Capacity Building services to Central Banks of OIC Member Countries (Ankara-Turkey) Statistical, Economic and Social Research & Training Centre for Islamic Countries (SESRIC) – OIC and AlHuda Centre of Islamic Banking and Economics (CIBE) have signed a Memorandum of Understanding (MoU) to provide trainings and Capacity Building services to the central banks of 57 member countries of Organization of Islamic ...
April 2, 2014 - 8:26pm from Microfinance Africa
AlHuda CIBE will provide Trainings and Capacity Building services to Central Banks of OIC Member Countries (Ankara-Turkey) Statistical, Economic and Social Research & Training Centre for Islamic Countries (SESRIC) – OIC and AlHuda Centre of Islamic Banking and Economics (CIBE) have signed a Memorandum of Understanding (MoU) to provide trainings and Capacity Building services to the central banks of 57 member countries of Organization of Islamic ...
March 31, 2014 - 10:49pm from MicroCapital
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, is considering offering a loan of EUR 75 million (USD 104 million) to Turkish commercial bank DenizBank for on-lending to small and medium-sized enterprises (SMEs) in the agribusiness sector. EBRD would provide the funds in two phases, starting with an initial disbursement of EUR 50 million (USD 69 million) followed by the remaining EUR 25 million (USD 35 million) at an unspecified ...
March 28, 2014 - 3:25pm from Private Sector Development Blog
At the World Free Zone Convention in Izmir, Turkey, which I attended in December, an important question was asked:  Have "Special Economic Zones" entered the 21st Century?  Evidence shows that, in many ways, they have – but in many instances we are still seeing across the globe the same isolated economic enclaves with few linkages to the local market and little economy-wide impact. More than ever, special economic zones (SEZs) are on the defensive, despite the fact that ...
March 25, 2014 - 1:00pm from Private Sector Development Blog
With the majority of the world’s population now urban, cities are rising in prominence. Growing attention is being paid to cities’ potential to increase incomes and create jobs – whether through financial services and electronics manufacturing in Chennai, regionally integrated manufacturing around Guangzhou, or social and physical transformation in Medellin. Less prominent cities are asking how they can attain better economic performance. Hence economic competitiveness has become a ...
March 25, 2014 - 7:14am from MicroCapital
Event Name: Symposium of Women Entrepreneurs of Central Asia and Afghanistan Event Date: March 27 – 28, 2014 Event Location: National Library, Dushanbe, Tajikistan Cost: This event is open by invitation only. Summary of Event: This event will serve as a platform to discuss the challenges faced by businesswomen with attendees to include 200 businesswomen from Central Asia and Afghanistan, parliamentary representatives from Central Asian countries and staff of ...
March 24, 2014 - 1:24pm from Development Impact - News, views, methods, and insights from the world of impact evaluation
My latest working paper (joint with Sarojini Hirschleifer, Rita Almeida and Cristobal Ridao-Cano) presents results from an impact evaluation of a large-scale vocational training program for the unemployed in Turkey. I thought I’d briefly summarize the study, and then discuss a few aspects that may be of more general interest.
March 20, 2014 - 5:03am from MicroCapital
Event Name: Financial Times/International Finance Corporation (FT/IFC) Transformational Business Conference and Awards 2014 Event Date: June 12, 2014 Event Location: The Intercontinental Park Lane, London, United Kingdom Cost:  The cost of admission to the conference is GBP 540 (USD 900), including taxes. The cost of admission to the awards ceremony is GBP 660 (USD 1,100), including taxes. A combined rate of GBP 780 (USD 1,300) is available for those attending ...
March 18, 2014 - 5:12am from Google news - microfinance
MICROFINANCE EVENT: Small Business Banking Network (SBBN), Small and ...MicroCapital
March 18, 2014 - 5:03am from MicroCapital
Event Name: 4th Annual CEO & Senior Leaders Roundtable Event Date: May 29 – 30, 2014 Event Location: Istanbul, Turkey Cost: The registration fee is USD 3,000 per organization, which includes admission for two people. A fee of USD 2,000 is offered to members of the Small Business Banking Network (SBBN) and clients of the World Bank Group’s International Finance Corporation (IFC). A discount of USD 500 is available through April 1. Summary of Event: The theme ...
March 16, 2014 - 5:03am from MicroCapital
Event Name: 8th Annual Penn Microfinance Conference Event Date: March 29, 2014 Event Location: Jon M. Huntsman Hall, University of Pennsylvania, Philadelphia, Pennsylvania, USA Cost: Admission is USD 10 for the general public, USD 5 for college students and free for currently-enrolled students of the University of Pennsylvania. Summary of Event: The conference will cover how the model of microfinance has adapted to changing economic, social and cultural and ...
March 10, 2014 - 8:36pm from MicroCapital
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral financial institution, in partnership with the European Union and the Republic of Turkey, is launching a “Women in Business Programme” in 2014 to provide financial and technical support services totaling EUR 338 million (USD 469 million) for female entrepreneurs in Turkey. EBRD will provide EUR 300 million (USD 416 million) in credit to unspecified Turkish commercial banks for the purpose of on-lending to ...
February 28, 2014 - 10:55pm from MicroCapital
Event Name: 17th Microfinance Centre (MFC) Annual Conference Event Date: May 27 – 28, 2014 Event Location: Wow Istanbul Hotel and Convention Centre, Istanbul, Turkey Cost: Registration costs USD 724 for the general public. Information on discounts for advance registration and MFC members is available at: http://www.mfc2014.com/registration-and-accommodation/registration/ Summary ...
February 7, 2014 - 1:54pm from MicroCapital
Event Name: 10th Global Microfinance Forum Event Date: March 20 – 21, 2014 Event Location: Renaissance Wien Hotel, Vienna, Austria Cost: Admission to the forum costs EUR 990 (USD 1,350) plus a 20-percent tax. Interested parties may purchase just the conference materials for EUR 400 (USD 544) plus a 20-percent tax. Summary of Event: This forum aims to bring together management-level stakeholders at microfinance institutions (MFIs), asset managers, pension funds, ...
February 1, 2014 - 5:03am from MicroCapital
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development bank, recently announced that it will extend a 5-year senior loan of RUB 500 million (USD 14.4 million) to Rosbank Leasing (RBL), the leasing subsidiary of Rosbank, a Russia-based commercial bank. RBL, which offers equipment, transportation and vendor financing services, intends to use the loan to expand its financing activity, targeting small and medium-sized enterprises. RBL operates ...
January 31, 2014 - 5:03am from MicroCapital
The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development bank, recently announced that it will extend a loan of EUR 40 million (USD 54.8 million) to Banque Tuniso-Kowetienne (BTK), a Tunisia-based commercial bank. BTK intends to use the loan for on-lending to micro-, small and medium-sized enterprises. In addition to the loan, EBRD agreed to issue BTK a revolving credit facility of USD 10 million to support its trade financing activity. As part of ...