NEWS
Corporate Social Responsibility Project of SAS Financial Advisory 05.01.2015

Became corporate sponsor of Make-a-Wish Organization in Turkey

Announcement from BBVA 19.11.2014
BBVA is in talks to increase stake in Garanti Bank
EBRD Will Boost Equity Investments in Turkey 19.11.2014
Announcements of EBRD's Director of Equity
Esem Sport Material Event Disclosure 09.09.2014
Esem Sport made a deal with SAS Finansal Danismanlik(Financial Advisory)
Pronet`s New Credit 28.08.2014
Pronet, a Turkish security alarms provider, has signed a $100 million 5-year loan
Roche to Buy Santaris Pharma 18.08.2014
Roche Holding, said Monday it was buying Danish biopharmaceutical firm Santaris Pharma for as much $450 million
Elekta has acquired Mesi Medikal 24.07.2014
Elekta buys turkish company Mesi Medikal
Italian maker of Nutella buys Turkish hazelnut leader 07.07.2014
Turkey’s largest hazelnut company Oltan Gıda has been acquired by Italian giant Ferrero
World Bank Report about Turkey 23.06.2014
World Bank increased Turkey`s 2014 economic growth rate expectations; 2.4% to 3.5%.
Turko-Italian Consortium Signs 3rd Istanbul Bridge Deal 28.05.2014
Italian builder Astaldi has announced a $2.3 billion loan through a pool of Turkish banks to finance the construction of the third bridge on the Bosphorus strait has been signed
Credit Suisse has agreed to pay a $2.5 billion fine 20.05.2014
Credit Suisse fined $2.5 billion after pleading guilty to U.S. tax charge
"Turkey`s Leasing Market Will Grow" 06.05.2014
International credit raing agency Fitch talked about Turkish factoring and leasing firm.
Turkish auto market shrinks by 27.6 percent in April 06.05.2014
The total loss in the sector was 25.5 percent for the first four months of the year.
Teliasonera News about Turkcell 05.05.2014
TeliaSonera Can’t Seek $932 Million Cukurova Award in US
Azeri SOCAR to sign Turkey oil refinery loan soon 24.04.2014
Azeri state-run oil giant SOCAR has announced it will ink a series of financing deals on May 5 for its Star oil refinery project slated for the Aegean province of İzmir. The company has secured funding from foreign export-import banks as well as Turkey’s Denizbank for the $5.5-billion project
Turkish January employment firm on strong manufacturing 15.04.2014
January household labor statistics announced by the Turkish Statistical Institute (TÜİK), the number of unemployed Turkish people has dropped by 49,000 from the same period of the previous year to 2.841 million.
Turkish brewer Anadolu Efes shutdown Thracian plant 03.04.2014
Efes has made decision to shut down production operations at Lüleburgaz factory.
Turkey’s trade deficit diminishes by 27 percent 01.04.2014
Turkey’s foreign trade deficit contracted by over 27 percent in February.
Turkish Auto Sector-2014 27.03.2014
Turkish auto sector lashes out at government policies
Facebook`s New Investment 26.03.2014
Facebook to buy virtual reality goggles maker for $2 billion.
Moody`s Warned to Turkey 25.03.2014
Last week, Moody’s announced that it had placed 10 Turkish banks on review for a possible downgrade in their ratings, citing stiff conditions for banks and the tense political environment in the country.
Moody's reviews for downgrade the ratings of 10 Turkish banks 20.03.2014
International credit rating agency Moody’s has announced that it has placed 10 Turkish banks on review for a possible downgrade in their ratings
Marubeni Buy Temsa 19.03.2014
Japanese trader Marubeni Corp bought Sabanci`s Company Temsa.
Turkish car market contracts one third in February 06.03.2014
The Turkish automobile market contracted 27.5 percent in February 2014
France's Total plans to sell 03.03.2014
Total to sell its stake in Azeri Shah Deniz gas field
Alstom buys Deltom 03.03.2014
French Company; Alstom, made an aggrement with Deltom. They want to buy 30 percent of Deltom`s shares.
Turkish February inflation hits six-month high on annual basis 03.03.2014
Turkey’s inflation rose 0.43 percent in February.
Italy’s Recordati to invest $50 mln in new plant in Turkey 28.02.2014
Italian pharmaceutical group Recordati SpA will invest $50 million (37 million euro) to set up a new factory in the northwestern Turkish province of Cerkezkoy-Tekirdag.
Turkish trade deficit narrows in January 28.02.2014
Turkey’s January trade deficit has contracted 6.8 percent compared to last year’s same period.
EU axes Turkish growth forecasts citing political, financial risks 27.02.2014
The European Commission has slashed its expectations for Turkey’s economic growth in 2014 and 2015, on the grounds of “the domestic political uncertainty and the possibility of a further sell-off in Turkish assets.”
EU Forecasts Weak Growth, Warns About Debt 26.02.2014
Growth in the euro area is forecast at 1.2% this year and 1.8% next, after two consecutive years of contraction.
HSBC Kazakhstan 26.02.2014
HSBC extends global retreat with $176 million sale of Kazakh bank
Tesco made a declaration about Migros 24.02.2014
According to Financial Times, Tesco want to buy Migros.
Akbank Signs Cooperation Agreement With Hana Bank 21.02.2014
Akbank TAS (AKBNK), Turkey`s second biggest lender by market value, signed a cooperation agreement with South Korea’s Hana Bank as it seeks to take advantage of the two countries’ recent free-trade agreement.
The carry trade became friend of investors 21.02.2014
For traders, use of carry trade is becoming widespread because it allowed many traders to rake in big profits.
2013 FDI in Turkey 21.02.2014
Turkey received foreign direct investment (FDI) of $12.6 billion in 2013, a drop of 4.1 percent compared to 2012, according to data released by the Economy Ministry.
FATF`s Decision about Turkey 17.02.2014

Turkey is on the FATF’s so-called gray list of “high-risk and non-cooperative jurisdictions".

S&P and Moody`s Induced to Turkey 17.02.2014
Credit rating agencies announced that slow economic growth will bear down Turkish banks
What will happen Turkish Lira? 14.02.2014

Fitch Report About Turkish Lira

USA Budget Deficit Decreased 13.02.2014
USA budget deficit, in September-January term, reduced according to previous year same term.
Unemployment Rises in Australia 13.02.2014
In Australia, unemployment rate reached peak level in January.
Kazakhstan`s Devalution 11.02.2014
Kazakhstan devalued because of capital outflow
Short of Cash 11.02.2014
In 2014, Turkey will have liquidity problem.
2013 Bank Employees 11.02.2014
Turkish Banks Association of Turkey announced 2013 report.
S&P Changed Turkey`s Credit Rating 10.02.2014
Turkey’s credit rating outlook was cut to negative from stable by Standard & Poor’s.
What happened private equity in 2013? 10.02.2014
In 2013, Turkish Private Equity invested 42 Companies in Turkey, and totally they connected 119 firm. Domestic private equity number was 18.
Quantum Endowment fund gains 10.02.2014
George Soros’s Quantum Endowment fund has reclaimed the top spot as the world’s most successful hedge fund of all time, adding $US5.5 billion to the US billionaire investor’s fortune.
S&P: Global Sukuk market likely to expand again, with M'sia leading position in industry. 07.02.2014
International Credit Rating Agency S&P announced the Global sukuk market is likely to expand again in 2014.
Turkish&Spanish Cooperation 07.02.2014
Gonvarri Steel Services, leader in steel service centers, has acquired 51% of shares of the Turkish company Cepas.
English investor will come Turkey. 07.02.2014

Some English firm`s manager will come from Turkey for their new investment.

Turkish Lira Increased 29.01.2014

Turkey’s central bank raised all its main interest rates at an emergency late-night meeting in an effort to shore up the lira

Turkey`s Steel Export 27.01.2014
Turkey maintains its position as the world's largest exporter of rebar and ranked the world’s 7th biggest exporter of steel
Abraaj is investing in Yörsan Group 22.01.2014
Dubai-based private equity investor Abraaj has bought a majority stake in Turkey’s fourth-largest dairy company.
Turkey`s Politic Risk and Effects of GDP 15.01.2014

Morgan Stanley researched about Turkey`s economy, and what will happen in 2014?

Turkish Liras Position 10.01.2014

Lira slide adds pressure to Turkish firms: Fitch

Garanti Bank`s Premium Debt 10.01.2014
The Savings Deposit Insurance Fund(SDIF) notified 21.8 million TL premium payment to Garanti Banks.
New Owner of Medical Park 25.12.2013
Turkven bought Carlyle`s share %40 percent which is American company.
Fitch talked about future of Turkey 24.12.2013
Fitch announced 2014 Turkey`s GDP.
Gold`s Value 23.12.2013

Analyst says, gold’s value, down almost 27 percent in 2013 on weaker demand and easing inflation, will suffer its first annual drop since 2000, while the precious metal risks further losses next year

What Deutsche Bank thinks about Turkey? 23.12.2013

According to Deutsche Bank, Turkey accoun deficit will decrease in 2014.

Budget sees surplus 17.12.2013
What happened budget surplus in November?
TUIK declined growth forecast 11.12.2013
Turkish economy grows above forecasts, hopes rise for 4 pct target
Credit Rating of Turkey 04.12.2013
Moody’s` did not change Credit Ratings of TR
Libor Punishment 04.12.2013

EU defined libor punishment.

IMF talked about Turkish Economy 29.11.2013
Inflation forecast at 8 percent
Moodys: "Who will become leader of Islamic Banking?" 29.11.2013
According to Moody`s, Turkey have the potential become key sukuk markets in the long term.
Account Deficit in October 29.11.2013

Import-export ratio is declined in October

Limit payment for Credit Cards and Loans 27.11.2013
The goverment has announced new draft
Islamic Banks Profits 22.11.2013
Participation Banks association of Turkey declared their data about Islamic Banks in Turkey.
Unemployment Rises 22.11.2013
Turkey’s unemployment rate reached 9.8 percent in August due to seasonal factors. However, the government aims to reduce it around 5 percent.
French firm want to invest 7-8 bln euros in Turkey 19.11.2013

Energy Minister Taner Yildiz talked about Turkey`s energy opportunities.

What happened our Tourism income? 19.11.2013

Current deficit increases as tourism income decreases

Private Sector Debt 19.11.2013
Private sector debts are increasing; $148 billion.
Turkish Eximbank Will Provide 10 Year Brand Acquisition Loan 28.10.2013
Started to exercise
Mortgage Backed Securities 25.10.2013
Mortgage backed securities and its risk is not over.
Spain Recession is Over 24.10.2013
Spain president; Mariano Rajoy demonstrate own success about economy.
New Owner of YKM; Boyner 23.10.2013
Boyner is owner that YKM`s all shares.
Houses Bubble is risky or not? 23.10.2013

House prices are increasing last few days.

IMF Expects 3.8% and 3.5% GDP Growths in Turkey in 2013 and 2014 09.10.2013
IMF's latest World Economic Outlook
Turkish Government Announced the New Medium Term Program 09.10.2013
Growth forecasts for 2013 and 2014 are 3.6% and 4%
South Stream is Looking for $14 Billion Funding 08.10.2013
for gas pipeline under Black Sea
Political and Service Problem in USA 04.10.2013
USA has many problems about politics and their services; economy also was influenced.
Investor`s Alert 04.10.2013
Famous investor Jim Roger talked about American economic situation.
Fitch Talked About Turkey 01.10.2013
Credit Rating Agency; Fitch surveyed about Turkey`s economy.
What does Fitch think about Turkey? 27.09.2013

General Manager of Fitch Turkey commented about Turkey`s politic and economic situation.

Standard&Poor`s Comments 27.09.2013
Chef Economist of S&P explained their idea about Turkey.
Fitch what think about capital inflow? 26.09.2013
Fitch declare about Turkey`s capital inflow.
CB Reserves Decreased. 26.09.2013
Central Banking currency reserves fell $105 billion.
Crisis tops business agenda at key meet 26.09.2013
Business leaders from 87 countries discuss the role of the private sector during a period of global economic crisis.
Turkish Firms become international for S&P 25.09.2013
S&P changed the wsy of rating calculation for Turkey
Retirement System in France 25.09.2013
Francois Hollande changed the retirement system in France
Is Asia good market or not? 25.09.2013
Pimco suggests Asian Market.
The Most Trustable Bank in the World 25.09.2013
Global Finance researched about Banks.
Libor Interest 25.09.2013
An American credit organization claim that 13 banks changed the Libor Rates.
Is Mergel 'Angel"'a for Germany? 24.09.2013
Merkel won again.
Gold Prices after the Data 20.09.2013

Fed decision affected Gold Prices

Warren Buffet and Chairman of Fed 20.09.2013
Buffett support Bernanke.
Press Conference about New Airport 20.09.2013

CEO of Limak Holding talked about 3.Istanbul Airport.

IMF Research about GDP 20.09.2013
World GDP
Global House Prices Climbed Most Since 2010 09.09.2013
Rose by an average of 2.4% in the second quarter
ISPAT Stages Investment Seminars in Japan 28.08.2013
ISPAT - Investment Support and Promotion Agency of Turkey
Investments on High Grade Bonds Are Increasing Again 12.08.2013
After FED's convincing expressions
Total of 5.500 Bank Branches in the EU were Shut Down in 2012 12.08.2013
Accounts 2.5% of total branches
Turkish Central Bank Raised Upper Band by 75 Basis Points 23.07.2013
Policy rate was held constant at 4.50%
Hitachi Logistics Division Enters Turkish Market via Partnership 22.07.2013
Agreed to acquire 51% share of Mars Lojistik
Turkey Becomes A Strategic Partner for Taiwan 22.07.2013
According to TAITRA
Statkraft SF is Boosting Capacity in Turkey 04.07.2013
Demand for electricity is strong in Turkey
Markets Are Rising in Egypt 04.07.2013
Stock market opened with 6.4% increase
Emerging Market Equity Indexes Decreased by 16% in 2013 26.06.2013
Increased volatility continues
Opet and Aygaz Will Establish Joint Gasoline and LPG Stations 25.06.2013
For this purpose Opet Aygaz Gayrimenkul AS will be founded with 90 mil TL capital
South Cyprus May Not Fullfill Its Obligations Regarding The Bailout 20.06.2013
Financial Times
Liquidity in Chinese Markets Are Drowning 20.06.2013
Interest rate swaps showed highest increase in 5 years
Turkish Eximbank Will Open $250 Million Credit Facility to Gambia 12.06.2013
For the trade integration
Turkish 5 Year CDS Increased to Almost Two Times 12.06.2013
CDS climbed to 180bps levels
Turkish Exim and Dhaman Are Signing an Agency Agreement 31.05.2013
Arab Investment and Export Credit Agency
Increase in Turkish Benchmark Bond Yield Continues 29.05.2013
The market opened at 5.40% compound yield in morning
Kazanci Holding Sold 16.3% Shares in Aksa Enerji 29.05.2013
Sale proceeds will be used to pay back debts to Aksa Enerji
Turkey 5 Year CDS Levels Are Decreasing 21.05.2013

It reached to record low levels

Turkey Raised to Investment Grade by Moody's 17.05.2013
Second after Fitch's decision 6 months ago
BRSA Studies for Decreasing Costs of Commercial Loans 13.05.2013
BRSA announcement
Subsidiaries of Sabanci Holding Sold 2.34% of Holding Shares 13.05.2013
Total sold amount is 2.34% of Sabanci Holding
Is Bank Received Syndication Loan of $1.204 Million 09.05.2013
Increase in costs
Highest Bid Was Received From Cengiz-Kolin-Limak-Mapa JV in Istanbul's 3rd Airport Tender 06.05.2013

The bid was 22,152 million Euro + VAT

Central Banks Look for Equity Investments 25.04.2013
23% of Central Banks plan to buy stocks
Russia and Kazakhstan Continue Building Up Gold Reserves 25.04.2013
Gold reserves increased by six straight months
S&P raised Turkey's credit rating 28.03.2013
Turkey's credit rating raised to BB+
MBR Wastewater Treatment Became Sponsor of TTZ 2013 27.03.2013
April 19, 2013 Point Hotel Barbaros
Allianz Agreed to Buy Yapi Kredi Sigorta 27.03.2013
Expanding its Turkish business
Boyner Will Buy-back Shares From Citi 14.03.2013
50% shares of Beymen and 30% fo Boyner shares
Real Estate Certificates May Begun In Turkey 11.03.2013
Varyap and Gap Insaat plan to sell real estate certificates
12 Turkish Banks Fined by 1.1 Billion TL 11.03.2013
Turkish Competition Authority decision
Long Term Loans of Private Sector Increased By 11 Billion USD 19.02.2013
Central Bank data
Turkish Bond Yields Are Declining 19.02.2013
Demand exceeds supply at debt sale
USD 15-20 Billion of FDI in 2013 15.02.2013
YASED survey
USD 9.9 Billion of FDI Inflow Realized in 2012 15.02.2013
Lower than the volume in 2011
Akbank Issued The First TL Nominated Eurobond 31.01.2013
Deal size was 1 billion TL
Recession in Spain Deepens 30.01.2013
Sixth straight quarter of contraction
Significant Rise in Turkey's Oil Drills 13.01.2013
Turkey is one of the biggest regional oil driller now
Change in Foreign Financing Tax Rates 03.01.2013
Tax rates will decrease in longer maturities
Turkish Seafood will be introduced in 13 countries in 2013 02.01.2013
Turkish Seafood Promotion Committee plans 13 food fair participation