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Turkish Banks Association
The Banks Association of Turkey (sometimes referred as, the ''Turkish Banks Association'') or ''Türkiye Bankalar Birliği'' (TBB) is an organisation for banks in Turkey. Membership is compulsory for commercial and investment banks operating in Turkey.TBBThe Association/ref> Its activities include conducting policy-related research and collecting statistics. As of April 2016, it has 47 members. TBB has a General Assembly, which consist of representatives from member banks. General Assembly elects Board of Directors proportional to banks' year-end total assets. 8 members are elected by top 10 commercial banks, 3 members are elected by following 8 banks, 1 member elected by others and 1 member elected by investment banks. Participation banks, which operate as Islamic banking Islamic banking, Islamic finance ( ''masrifiyya 'islamia''), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the ... [...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] |
Institute Of International Finance
The Institute of International Finance (IIF) is the association or trade group for the global financial services industry. It was created by 38 banks of leading industrialized countries in 1983 in response to the international debt crisis of the early 1980s, This section in UNESCAP's annual report reviewed the IIF along with the International Monetary Fund (IMF) and Bank for International Settlements (BIS) and credit rating agencies in terms of financial monitoring and surveillance. By March 1998 a new paradigm had emerged in terms of regulation and policy-making in a new era of global finance with increasingly "sophisticated and rapidly changing markets." At a conference on debt and development White argued that "policy makers and regulators" would have to "rely increasingly on market-led processes to provide the discipline required to lead to prudent and stabilizing behaviour." and has since expanded to represent more than 400 firms from more than 60 countries. IIF members inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Banking Federation
The European Banking Federation (EBF) is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 3,500 banks and about 2.6 million employees. It was established in 1960 as the . Members , the EBF's members were: *Austria - Verband österreichischer Banken und Bankiers (Bankenverband) *Belgium - Febelfin *Bulgaria - Асоциация на банките в България / Association of Banks in Bulgaria (ABB) *Croatia - Hrvatska udruga banaka / Croatian Banking Association (HUB) *Cyprus - Association of Cyprus Banks (ACB) *Czech Republic - (CBA) *Denmark - Finance Denmark *Estonia - Estonian Banking Association *Finland - Finance Finland *France - Fédération Bancaire Française (FBF) *Germany - Bundesverband deutscher Banken (BdB) and Association of German Public Banks (VÖB) *Greece - Ελληνική Ένωση Τραπεζών / Hellenic Bank Association (HBA) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naim Talu
Mehmet Naim Talu (22 July 1919 – 15 May 1998) was a Turkish economist, banker, politician and former prime minister of Turkey. Biography Naim Talu was born in Istanbul in 1919. He was educated at Kabataş Erkek Lisesi. After graduating with a degree in economics from Istanbul University in 1943, he worked for a while in Sümerbank, a state owned textile company. He transferred to the Central Bank of Turkey in 1946. He became the general director of the bank in 1967 after serving one year as deputy. Following the reorganization of the Central Bank in 1970, he was appointed Governor of this institution. He died in Istanbul in 1998. Political career Naim Talu started his political career in 1971 by appointment to the ministry of trade in the second Erim cabinet. He kept his post also in the cabinet of Melen until President Cevdet Sunay admitted him to the Senate in 1972. Commissioned by President Fahri Korutürk following the resignation of Prime Minister Ferit Mele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking
Islamic banking, Islamic finance ( ''masrifiyya 'islamia''), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include '' mudarabah'' (profit-sharing and loss-bearing), '' wadiah'' (safekeeping), '' musharaka'' (joint venture), '' murabahah'' (cost-plus), and '' ijarah'' (leasing). Sharia prohibits ''riba'', or usury, generally defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Participation Banks Association Of Turkey
Participation or participant may refer to: Politics *Participation (decision making), mechanisms for people to participate in social decisions *Civic participation, engagement by the citizens in government *e-participation, citizen participation in e-government using information and communications technology Finance *Participation (ownership), an ownership interest in a mortgage or other loan *Participation, the amount of benefit in a bond plus option due to the performance of an underlying asset *Capital participation, ownership of shares in a company or project Other uses *Participation (philosophy), the inverse of inherence: if an ''attribute inheres'' in a subject, then the ''subject participates'' in the attribute * Participant Media Participant Media, LLC was an American independent Film industry, film and television production company founded in 2004 by Jeffrey Skoll, dedicated to entertainment intended to spur social change. The company financed and co-produced fil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankers Associations
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1958 Establishments In Turkey
Events January * January 1 – The European Economic Community (EEC) comes into being. * January 3 – The West Indies Federation is formed. * January 4 ** Edmund Hillary's Commonwealth Trans-Antarctic Expedition completes the third overland journey to the South Pole, the first to use powered vehicles. ** Sputnik 1 (launched on October 4, 1957) falls towards Earth from its orbit and burns up. * January 13 – Battle of Edchera: The Moroccan Army of Liberation ambushes a Spanish patrol. * January 27 – A Soviet-American executive agreement on cultural, educational and scientific exchanges, also known as the " Lacy–Zarubin Agreement", is signed in Washington, D.C. February * February 1 – Egypt and Syria unite to form the United Arab Republic. * February 2 – The ''Falcons'' aerobatic team of the Pakistan Air Force led by Wg Cdr Mitty Masud set a world record performing a 16 aircraft diamond loop in F-86 Sabres. 30,000 people àre in attendance including Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
