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Eurasia Tunnel
The Eurasia Tunnel ( tr, Avrasya Tüneli) is a road tunnel in Istanbul, Turkey, crossing underneath the Bosphorus strait. The tunnel was officially opened on 20 December 2016 and opened to traffic on 22 December 2016. The double-deck tunnel connects Kumkapı on the European part and Koşuyolu, Kadıköy, on the Asian part of Istanbul with a route including the tunnel approach roads. It crosses the Bosphorus beneath the seabed at a maximum depth of −. It is about south of the undersea railway tunnel Marmaray, which was opened on 29 October 2013. The journey between the two continents takes about 5 minutes. Toll is collected in both directions; since February 2020, ₺36.40 (about $4  US) for cars and ₺54.70 ($6 US) for minibuses. In February 2021 the toll increased by 26% to ₺46 (approx. $6.20) and ₺69 (~$9.30) respectively. Background In 1891, French railway engineer Simon Préault presented a preliminary project for an underwater tubular bridge "pate ...
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Bosporus
The Bosporus Strait (; grc, Βόσπορος ; tr, İstanbul Boğazı 'Istanbul strait', colloquially ''Boğaz'') or Bosphorus Strait is a natural strait and an internationally significant waterway located in Istanbul in northwestern Turkey. It forms part of the continental boundary between Asia and Europe, and divides Turkey by separating Anatolia from Thrace. It is the world's narrowest strait used for international navigation. Most of the shores of the Bosporus Strait, except for the area to the north, are heavily settled, with the city of Istanbul's metropolitan population of 17 million inhabitants extending inland from both banks. The Bosporus Strait and the Dardanelles Strait at the opposite end of the Sea of Marmara are together known as the Turkish Straits. Sections of the shore of the Bosporus in Istanbul have been reinforced with concrete or rubble and those sections of the Strait prone to deposition are periodically dredged. Name The name of the ...
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Istanbul Metropolitan Municipality
) , postal_code_type = Postal code , postal_code = 34000 to 34990 , area_code = +90 212 (European side) +90 216 (Asian side) , registration_plate = 34 , blank_name_sec2 = GeoTLD , blank_info_sec2 = .ist, .istanbul , website = , blank_name = GDP (Nominal) , blank_info = 2021 , blank1_name =  - Total , blank1_info = US$ 248 billion , blank2_name =  - Per capita , blank2_info = US$ 15,666 , blank3_name = HDI (2019) , blank3_info = 0.846 () · 1st , timezone = TRT , utc_offset = +3 , module = , name = , government_type = Mayor–council government , governing_body = Municipal Council of Istanbul , image_shield = , established_date = 11 May 330 AD , image ...
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Garanti Bank
Garanti BBVA (legal name Türkiye Garanti Bankası A.Ş; formerly referred to as Garanti Bank in English) is a Turkish financial services company based in Turkey. 86% of Garanti's stakes are owned by the Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA). Overview Garanti Bank is the second largest private bank in Turkey with US$104.1 billion consolidated assets as of March 31, 2013. Having shares publicly traded in Turkey, the UK and the US, Garanti has an actual free float of 50.76% as of March 31, 2013; Garanti shares are publicly traded in Turkey and depository receipts in the UK and the US. Garanti provides services in all business lines including payment systems, retail, commercial, corporate, SME, private and investment banking. Together with its domestic and international subsidiaries (Garanti Bank International, Garanti Bank SA, Garanti Bank Moscow), Garanti offers service also in pension and life insurance, leasing, factoring, brokerage and asset management ...
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Türkiye İş Bankası
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula in Southeast Europe. It shares borders with the Black Sea to the north; Georgia to the northeast; Armenia, Azerbaijan, and Iran to the east; Iraq to the southeast; Syria and the Mediterranean Sea to the south; the Aegean Sea to the west; and Greece and Bulgaria to the northwest. Cyprus is located off the south coast. Turks form the vast majority of the nation's population and Kurds are the largest minority. Ankara is Turkey's capital, while Istanbul is its largest city and financial centre. One of the world's earliest permanently settled regions, present-day Turkey was home to important Neolithic sites like Göbekli Tepe, and was inhabited by ancient civilisations including the Hattians, Hittites, Anatolian peoples, Mycenaean Greeks, ...
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Mizuho Bank
is the integrated retail and corporate banking unit of Mizuho Financial Group (; ), the third largest financial services company in Japan, with total assets of approximately $1.8 trillion in 2017. Mizuho is one of the three so-called Japanese "megabanks" (along with MUFG and SMBC). Mizuho Bank provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Its headquarters office building is located in the Otemachi district of Chiyoda, Tokyo. Mizuho Bank has over 505 branches and offices in Japan and in 38 other countries, and is the only bank to have branches in every prefecture in Japan. The name “Mizuho” is an archaic Japanese term meaning “golden ears of rice,” and was used in the classical text '' Nihon Shoki'' to describe Japan. History Announced in 1999, Mizuho Financial Group was established on April 1, 2002 by the mer ...
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Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank ...
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Sumitomo Mitsui Banking Corporation
is a Japanese multinational banking and financial services institution headquartered in Yurakucho, Chiyoda, Tokyo, Japan. The group operates in retail, corporate, and investment banking segment worldwide. It provides financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Since 2011, it has been included into the Financial Stability Board's list of global systemically important banks. SMBC group operates in over 40 countries and maintains a presence in all International Financial Centres as the 12th biggest bank in the world by total assets. It is one of the largest global financial institutions in project finance space by total loan value. As of May 2020, SMBC group is listed as 80th largest public company in the world according to Forbes ranking. It is the second largest banking institution by total assets and market capitalization in ...
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European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the EU Member States. It is one of the largest supranational lenders in the world. The EIB finances and invests both through equity and debt solutions projects that achieve the policy aims of the European Union through loans, guarantees and technical assistance. The EIB focuses on the areas of climate, environment, small and medium sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crash and the COVID-19 pandemic. Since its inception in 1958 the EIB has invested over one trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of green finance in the world. In 2007, the EIB became the first institution in the world to issue green bonds. In 2019 it comm ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 71 countries and two European Union institutions, the newest shareholder being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EI ...
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Build–operate–transfer
Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract. The private entity will have the right to operate it for a set period of time. This enables the project proponent to recover its investment and operating and maintenance expenses in the project. BOT is usually a model used in public–private partnerships. Due to the long-term nature of the arrangement, the fees are usually raised during the concession period. The rate of increase is often tied to a combination of internal and external variables, allowing the proponent to reach a satisfactory internal rate of return for its investment. Countries where BOT is prevalent are Thailand, Turkey, Taiwan, Bahrain, Pakis ...
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SK Group
SK Group ( Korean: SK그룹, 에스케이그룹) is the second largest South Korean chaebol behind Samsung Group. SK Group is composed of 186 subsidiaries and affiliates that share the SK brand name and the group's management culture, named SKMS (SK Management System). It changed its name from Sunkyong Group ( Korean: 선경그룹, Hanja : 鮮京그룹) to SK Group in 1998. The group is controlled by estate of Chey Tae-won through a holding company SK Inc. The cornerstone of SK Group is its energy and chemicals division. While its largest businesses are primarily involved in the energy, petroleum, and chemical industries, the group also owns the nation's largest wireless mobile phone service provider SK Telecom, and provides services in construction, marketing, local telephone, high-speed Internet, and wireless broadband (WiBro), and also the owner of SK Hynix, the world's fourth largest chipmaker. History Formation and early production As with many other chaebols, SK Group's ...
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