Economy 1 source 19 Sept, 02:35

Deputy Trade Minister Tuzcu discusses investments with Toyota delegation

According to a Trade Ministry post, Deputy Minister Mustafa Tuzcu received a delegation led by Toyota Motor Europe executive Matt Harrison and Toyota Türkiye CEO Murat Bülbül; the meeting addressed the company's investments and export capacity in Türkiye.

Ticaret Bakan Yardımcısı Tuzcu, Toyota heyetiyle yatırımları görüştü — Photo: Yeniçağ

News sources 1 source

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

For now only the opposition press is reporting this

Yeniçağ Opposition
- Ticaret Bakan Yardımcısı Tuzcu, Toyota heyetiyle yatırımları görüştü 19 Sept, 02:29

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SPK 131 fonun tasfiye yöntemini açıkladı: Tera fonları İş Bankası’na, diğer altı şirketin fonları Ziraat’e - Serbestiyet — Photo: Serbestiyet

Economy World press 41 sources 19 Sept, 05:05

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

+10

Where reports differ

State media According to a statement reported by TRT Haber, Şimşek said the problem was limited to a small number of free funds stemming from credit and liquidity issues, that 131 out of 2,038 funds were affected, and that there was no systemic risk.

Opposition press Artı Gerçek wrote that the funds subject to the liquidation decision belong to approximately 550,000 investors and have a total size calculated at around $17 billion (826 billion lira).

Capital Markets Board (SPK) Mehmet Şimşek İş Bankası Ziraat Bankası Tera Portföy Yönetimi TEFAS

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Deputy Trade Minister Tuzcu discusses investments with Toyota delegation

News sources 1 source

Who is in this story

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