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MarketsUSD/TRY48,7600-0.03%EUR/TRY56,0028+0.17%BIST 10013.284+0.00%Gram gold (lira (TL))6.928+0.57%Central Bank (TCMB) policy rate38,00%Annual inflation (Turkish Statistical Institute (TÜİK) consumer price index (CPI))%31,51-0.24%BIST 3016.182+0.00%GBP/TRY65,3221+0.38%BTC/TRY3.917.841-0.32%Brent (USD)99,29-4.41%More

Institution 3 stories

Financial Stability Committee

Inter-ministerial board monitoring financial stability

It is a board under the Treasury and Finance Ministry that assesses matters related to financial stability.

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16 Sept 19 Sept

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Photo: Artı Gerçek

Economy World press 25 sources

Capital Markets Board begins liquidation of 131 investment funds, Şimşek says "no systemic risk"

The Capital Markets Board (SPK) began liquidating 131 funds under a 17 September decision and appointed İş Bankası and Ziraat Bankası as custodians; the process will be completed within three months at most. Minister Şimşek said the problem stemmed from credit and liquidity issues in a limited number of funds.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber (ekonomi): SPK, 131 yatırım fonunda tasfiye sürecini başlattı: 2 banka yetkilendirdi1st to publish37 citations today Anadolu Ajansı (ekonomi) · 2 articles · 3rd to publish41 citations today Hürriyet: Tera Finansal Yatırımlar ile Hedef Holding'de yönetim değişikliği13th to publish45 citations today Gazete Oksijen: Volkswagen'de kriz derinleşiyor17th to publish19 citations today Bloomberg HT · 2 articles · 8th to publish7 citations today +8 Ekonomim · 18th to publishKısa Dalga · 5th to publishSerbestiyet · 2nd to publishKarar · 11th to publishDünya · 19th to publishPSM · 6th to publishSigorta Gündem · 7th to publishEkonomi Manşet · 15th to publish BirGün · 2 articles · 12th to publish39 citations today Artı Gerçek: Bakan Şimşek'ten 'fon krizi' açıklaması: Yapısal bir sorun yok4th to publish12 citations today Sözcü: Tera ve Hedef Holding'de iki yönetici istifa etti14th to publish26 citations today Kıbrıs Genç TV (KKTC) · 10th to publishŞimşek’ten fon açıklaması5 citations today Sputnik Türkiye (RU) · 16th to publishTera Finansal Yatırımlar ve Hedef Holding'de peş peşe istifalar26 citations today Financial Times (GB) · 9th to publishTurkey moves to liquidate funds at centre of ‘Ponzi-like scheme’1 citation today
Photo: Cumhuriyet

Economy 31 sources 2 updates

Financial Stability Committee holds emergency meeting: "No structural risk"

Following the decline in Borsa Istanbul (BIST), the committee, chaired by Treasury and Finance Minister Mehmet Şimşek, said the issue stemmed from credit and liquidity strains in certain funds of a limited number of portfolio management companies, and that it was temporary and manageable.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber · 3 articles · 4th to publish37 citations today Anadolu Ajansı · 3 articles · 2nd to publish41 citations today Hürriyet: Finansal İstikrar Komitesi, Bakan Şimşek başkanlığında yarın toplanacak3rd to publish45 citations today Karar: Finansal İstikrar Komitesi (FİK) nedir? Finansal İstikrar Komitesi'nde kimler var, üyeleri kimler?12th to publish42 citations today Diken · 2 articles · 10th to publish22 citations today +4 Ekonomim · 19th to publishDünya · 6th to publishHabertürk · 15th to publishBloomberg HT · 9th to publish Evrensel · 2 articles · 5th to publish30 citations today BirGün · 2 articles · 7th to publish39 citations today +3 Cumhuriyet · 13th to publishHalk TV · 16th to publishYeniçağ · 17th to publish Euronews Türkçe: Borsa İstanbul'da sert düşüş: Devre kesicinin çalıştığı düşüşün nedeni ne?1st to publish3 citations today BBC Türkçe: Piyasalardaki düşüş sonrası Finansal İstikrar Komitesi'nden açıklama: Yapısal risk yok, tedbirler uygulanacak11th to publish2 citations today +4 DW Türkçe · 18th to publishIndependent Türkçe · 8th to publishKıbrıs Genç TV · 14th to publishKıbrıs Manşet · 20th to publish
Photo: BBC Türkçe

Economy 19 sources

BIST 100 falls 5.54%, Financial Stability Committee to meet in the morning

BIST 100 fell 5.54% on September 16 to 13,122.58 points; the decline was driven by a portfolio management company defaulting on fund payments and Middle East tensions. The Financial Stability Committee will meet on September 17 at 08:00 chaired by Minister Şimşek.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber · 2 articles · 3rd to publish37 citations today Anadolu Ajansı · 3 articles · 2nd to publish41 citations today Hürriyet: Finansal İstikrar Komitesi, Bakan Şimşek başkanlığında yarın toplanacak10th to publish45 citations today Diken · 2 articles · 1st to publish22 citations today Dünya · 2 articles · 4th to publish22 citations today Ekonomim: Bakanlık duyurdu: Finansal İstikrar Komitesi yarın sabah toplanacak6th to publish30 citations today Cumhuriyet: Borsadaki sert düşüşün ardından Şimşek hamlesi: Finansal İstikrar Komitesi’nden acil toplantı11th to publish34 citations today BirGün · 2 articles · 5th to publish39 citations today +4 Evrensel · 8th to publishHalk TV · 7th to publishYeniçağ · 9th to publishArtı Gerçek · 12th to publish BBC Türkçe: Borsa İstanbul'daki kayıplardan sonra Finansal İstikrar Komitesi toplantısı13th to publish2 citations today

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