Dubai division starts

Singapore OCBC Bank’s private banking subsidiary, Bank of Singapore, started a branch in the Dubai International Financial Centre (DIFC) on Sunday. This reinforces dedication as well as the bank’s franchise to serve the burgeoning population of ultra- high and high -net worth

Turkey Insolvency

Insolvency in Turkey rose from 1896 Businesses in December of 2016 to 2142 Businesses in January. Insolvency in Turkey averaged 680.86 Businesses from 1995 until 2017, reaching an all time high of 3113 Businesses in January of 2013 and a record low of 11 Businesses in October of 1995. Export Data API Access Please Paste this Code in your Website …

Main opposition leader calls for non-polarizing referendum campaign

ANKARA Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu has called on all politicians to refrain from using accusatory and discriminative language during the campaign for the April 16 constitutional referendum, noting that neither result would start a civil war in Turkey as feared by some. “Politicians shouldn’t attribute those voting ‘yes’ or ‘no,’ he told NTV late Feb. 16. “we’re …

Undecided voters to lean toward vote in referendum: Deputy PM

ANKARA Voters who’ve yet to choose whether to support or oppose contentious constitutional amendments that would usher in an executive presidency with greatly increased powers for the head of state will begin leaning toward the “yes” side, Deputy Prime Minister Numan Kurtulmuş has said. There doesn’t appear to be an issue with the ‘yes’ votes. We see the ‘yes’ votes …

Dark clouds over S'pore banks dissipating

There are wagers with DBS and UOB giving this appraisal at their results briefings this week that the worst of bad debt provisions by Singapore banks to cover their exposure to the troubled gas and oil sector could be over. ST PICTURE: CAROLINE CHIA Singapore THERE are wagers with DBS and UOB giving this appraisal at their results briefings this …

BofA hits CEO Moynihan' 25% are paid by s as Corbat&#039 reductions;s

[NEW YORK] Bank of America Corp given CEO Brian T Moynihan US$20 million for his work this past year, increasing his settlement 25 per cent, while Citigroup Inc cut CEO Mike Corbat’s by 6.1 per cent to US$15.5 million. Mr Moynihan received US$18.5 million in stock grants for 2016, according to a regulatory filing Friday, upward from the US$14.5 million …

Turkey Consumer Credit

Consumer Credit in Turkey rose from 422763101 TRY THO in December of 2016 to 424551290 TRY THO in January. Consumer Credit in Turkey averaged 147604896.06 TRY THO from 2000 until 2017, reaching an all time high of 424551290 TRY THO in January of 2017 and a record low of 4110315 TRY THO in May of 2000. Export Data API Access …

Turkey Motor Vehicles Enrollment

Automobile Enrollments in Turkey fell from 129360 Autos in November of 2016 to 101375 Autos in December. Automobile Enrollments in Turkey averaged 60680 Automobiles from 1994 until 2016, reaching a record low of 5921 Autos in February of 2002 as well as an all-time high of 157531 Autos in January of 2011. Export Data API Access Please Paste this Code …

China's HNA takes 3% stake in Deutsche Bank

The HNA Group in China said on Friday it could purchase additional shares in the German lender and has taken a position of just over three per cent in Deutsche Bank. PICTURE: REUTERS [FRANKFURT] China’s HNA Group said on Friday it could purchase additional shares in the German lender and has taken a position of just over three per cent …