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Item Details
Title:
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TURKISH BANKING
BANKING UNDER POLITICAL INSTABILITY AND CHRONIC HIGH INFLATION |
By: |
Yener Altunbas, Alper Kara, Ozlem Olgu |
Format: |
Electronic book text |

List price:
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£76.38 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
0230582060 |
ISBN 13: |
9780230582064 |
Publisher: |
PALGRAVE MACMILLAN |
Pub. date: |
28 November, 2008 |
Series: |
Palgrave Macmillan Studies in Banking and Financial Institutions |
Description: |
In light of Turkey's EU bid and the successful IMF-led disinflation program, this book explores the evolution and performance of the Turkish banking sector. Analysing the repercussions of overall economic structure, financial crises and political instability on its financial sector, it scrutinizes the prospects for the future of banking sectors. |
Synopsis: |
Despite the fact that Turkey is the 17th largest economy in the world why is its banking system still relatively small? Why did Turkey face four crises over the last two decades with the latest resulting with the failure of 13 banks and 50,000 banking jobs? What prompted the recent historical amount of foreign investment in the Turkish banking industry? This book, intended for both academics and practitioners, provides insight to these questions by examining the past, present and future of Turkish banking. At the outset it portrays the phases of banking sector development in Turkey with a major emphasis given on of financial crises and their repercussion on the banking industry. Then the financial structure and performance of banking sector together with its impact on economic growth is scrutinized. Lastly, it looks at the future prospects of Turkish banking within the context of EU integration, foreign investments, and growth potential of the newly introduced mortgage market. |
Illustrations: |
123, 57 black & white tables, 66 figures |
Publication: |
UK |
Imprint: |
Palgrave Macmillan |
Returns: |
Non-returnable |
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