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Savings Deposit Insurance Fund Of Turkey
The Savings Deposit Insurance Fund of Turkey (), a.k.a. TMSF in abbreviated form, is the governing body concerned with matters of fund management and insurance in the Turkish banking system. The body was founded in 1933 with the name Deposit Protection Act (). In 1960, the name was changed to Bankalar Tasfiye Fonu (). The current name was adopted in 1983. TMSF is also involved in the media industry, and owns at least one asset each for every newspaper, pay television, television and radio station. In 2013, TMSF acquired some assets from Çukurova Media Group Çukurova Media Group (''Çukurova Medya Grubu'') is a Turkish media conglomerate established, part of the Çukurova Holding conglomerate. On 18 May 2013 it transferred a substantial number of its properties to the state TMSF, in partial settle ... after the company was forced to sell due to tax debts. The institution was initially overseen by the Central Bank of Turkey, however, it later became attached to the Prime ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turkey
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armenia, Azerbaijan, and Iran to the east; Iraq, Syria, and the Mediterranean Sea to the south; and the Aegean Sea, Greece, and Bulgaria to the west. Turkey is home to over 85 million people; most are ethnic Turkish people, Turks, while ethnic Kurds in Turkey, Kurds are the Minorities in Turkey, largest ethnic minority. Officially Secularism in Turkey, a secular state, Turkey has Islam in Turkey, a Muslim-majority population. Ankara is Turkey's capital and second-largest city. Istanbul is its largest city and economic center. Other major cities include İzmir, Bursa, and Antalya. First inhabited by modern humans during the Late Paleolithic, present-day Turkey was home to List of ancient peoples of Anatolia, various ancient peoples. The Hattians ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Istanbul
Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics of Turkey, population of Turkey. Istanbul is among the List of European cities by population within city limits, largest cities in Europe and List of cities proper by population, in the world by population. It is a city on two continents; about two-thirds of its population live in Europe and the rest in Asia. Istanbul straddles the Bosphorus—one of the world's busiest waterways—in northwestern Turkey, between the Sea of Marmara and the Black Sea. Its area of is coterminous with Istanbul Province. Istanbul's climate is Mediterranean climate, Mediterranean. The city now known as Istanbul developed to become one of the most significant cities in history. Byzantium was founded on the Sarayburnu promontory by Greek colonisation, Greek col ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fatin Rüştü Karakaş
Fatin are two Arabic unisex given names, and . It is also used as a feminine given name and a surname. People with the name include: Given name First name Male * Fatin Youssef Bundagji (born 1958), Saudi Arabian businessperson * Fatin Gökmen (1877–1955), Turkish astronomer and politician * Fatin Abdel Wahab (1913–1972), Egyptian film director * Fatin Rüştü Zorlu (1910–1961), Turkish diplomat and politician Female * Fatin Zakirah Zain Jalany (born 1997), Malaysian rhythmic gymnast * Fatin al-Murr (born 1969), Lebanese academic and writer * Fatin Shidqia (born 1996), Indonesian singer Middle name * Zaki Fatin Abdel Wahab (1961–2022), Egyptian actor and film director Surname * Igor Fatin (born 1962), Russian footballer * Wendy Fatin Wendy Frances Fatin (; born 10 April 1941) is a retired Australian politician. She was a member of the Australian Labor Party (ALP) and was the first woman from Western Australia elected to the House of Representatives, representi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Çukurova Media Group
Çukurova Media Group (''Çukurova Medya Grubu'') is a Turkish media conglomerate established, part of the Çukurova Holding conglomerate. On 18 May 2013 it transferred a substantial number of its properties to the state TMSF, in partial settlement of a tax debt. History Newspapers The newspaper portfolio included ''Akşam'', ''Tercüman'' and ''Güneş (newspaper), Güneş''. In January 2009, it acquired a stake in Editions des Deux Terres, a French publisher. The company's magazine portfolio includes Alem (lifestyle magazine launched in 1993), Autocar (launched in 1895), Fourfourtwo (football magazine launched in 2006), Stuff (gadget magazine), Total Film (film magazine launched in 2007), Platin and World Business (business and economy magazine launched in 2006), Maxim (launched in 2007), and Eve. Çukurova suffered during the financial crisis,Today's Zaman, 11 January 2009Financial crisis weighs heavily on Turkish media sector/ref> and it closed down ''Tercüman'' in 2010.g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Turkey
The Central Bank of the Republic of Türkiye (CBRT) () is the central bank of Turkey. Its responsibilities include conducting monetary and exchange rate policy, managing international reserves of Turkey, as well as printing and issuing banknotes, and establishing, maintaining and regulating payment systems in the country. The CBRT is tasked by law to achieve and maintain price and financial stability in Turkey, and has a mandate to use, by its own discretion, whichever policy instrument at its disposal to reach these objectives. Therefore, it has instrument but not goal independence. Since 2006, the CBRT follows a full-fledged inflation targeting regime.Central Bank of the Republic of Turkey Factsheet , CBRT Official Website, 2012. History of central banking in Turkey |
Banking In Turkey
Banking in Turkey is an important aspect of the financial system Turkey's dynamic economy. Banks handle the majority of money and capital market transactions and activity. Commercial banks make up the majority of Turkey's financial sector, accounting for 91 percent of overall financial sector assets as of 2020. The beginnings of the banking industry can be traced to the 19th century with Galata bankers creating the first Ottoman bank. As of January 2021, there are a total of 48 banks operating with 9,880 branches in Turkey and 71 branches abroad. The total value of assets of the banking sector in Turkey amounted to more than $800 billion. History Ottoman period The so-called money-changers and Galata bankers were the first to engage in banking activities in the early 1800s. All quasi-banking activities were carried out by money-changers during this era, and the Galata bankers were largely ethnic minorities in Istanbul. Following the Crimean War, the Ottoman Empire's fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deposit Insurance
Deposit insurance, deposit protection or deposit guarantee is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance or deposit guarantee systems are one component of a financial system safety net that promotes financial stability. Process Banks are allowed (and usually encouraged) to lend or invest most of the money deposited with them instead of safe-keeping the full amounts (see fractional-reserve banking). If many of a bank's borrowers fail to repay their loans when due, the bank's creditors, including its depositors, risk loss. Because they rely on customer deposits that can be withdrawn on little or no notice, banks in financial trouble are prone to bank runs, where depositors seek to withdraw funds quickly ahead of a possible bank insolvency. Because banking institution failures have the potential to trigger a broad spectrum of harmful events, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organizations Based In Istanbul
An organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-organiza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of Turkey
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1983 Establishments In Turkey
1983 saw both the official beginning of the Internet and the first mobile cellular telephone call. Events January * January 1 – The migration of the ARPANET to TCP/IP is officially completed (this is considered to be the beginning of the true Internet). * January 6 – Pope John Paul II appoints a bishop over the Czechoslovak exile community, which the '' Rudé právo'' newspaper calls a "provocation." This begins a year-long disagreement between the Czechoslovak Socialist Republic and the Vatican, leading to the eventual restoration of diplomatic relations between the two states. * January 14 – The head of Bangladesh's military dictatorship, Hussain Muhammad Ershad, announces his intentions to "turn Bangladesh into an Islamic state." * January 18 – U.S. Secretary of the Interior James G. Watt makes controversial remarks blaming poor living conditions on Native American reservations on "the failures of socialism." Watt will eventually resign in September after a se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
