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Banks Association Of Turkey
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 ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application thro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Istanbul
Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, cultural and historic hub. The city straddles the Bosporus strait, lying in both Europe and Asia, and has a population of over 15 million residents, comprising 19% of the population of Turkey. Istanbul is the list of European cities by population within city limits, most populous European city, and the world's List of largest cities, 15th-largest city. The city was founded as Byzantium ( grc-gre, Βυζάντιον, ) in the 7th century BCE by Ancient Greece, Greek settlers from Megara. In 330 CE, the Roman emperor Constantine the Great made it his imperial capital, renaming it first as New Rome ( grc-gre, Νέα Ῥώμη, ; la, Nova Roma) and then as Constantinople () after himself. The city grew in size and influence, eventually becom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of International Finance
An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute" (see Institute of Technology). In some countries, such as South Korea and India, private schools are sometimes referred to as institutes, and in Spain, secondary schools are referred to as institutes. Historically, in some countries institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from a Latin word ''institutum'' meaning "facility" or "habit"; from ''instituere'' meaning "build", "create", "raise" or "educate". ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Banking Federation
The European Banking Federation is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 3500 banks and about 2.6 million employees. It was established in 1960. Members In November 2022 the members were: *Austria - The Austrian Bankers' Association *Belgium - Febelfin *Bulgaria - Association of Banks in Bulgaria *Croatia - Croatian Banking Association *Cyprus - Association of Cyprus Commercial Banks *Czech Republic - Czech Banking Association *Denmark - Finance Denmark - FD *Estonia - The Estonian Banking Association *Finland - The Federation of Finnish Financial Services *France - French Banking Federation *Germany - Bundesverband deutscher Banken *Greece - The Hellenic Bank Association *Hungary - The Hungarian Banking Association *Iceland - Icelandic Financial Services Association *Ireland - Irish Banking Federation *Italy - Italian Banking Association *Latvia - As ... [...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 Melen, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), 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 banking/finance include ''Mudarabah'' (profit-sharing and loss-bearing), ''Wadiah'' (safekeeping), ''Musharaka'' (joint venture), ''Murabahah'' (cost-plus), and ''Ijara'' ( leasing). Sharia prohibits ''riba'', or usury, 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 is an American Film industry, film production company founded in 2004 by Jeffrey Skoll, dedicated to entertainment intended to spur social change. The company finances and co-produces film and television content ... [...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. Because 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 anc ... [...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 to 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, Lacy–Zarubin Agreement", is signed in Washington, D.C. * January 31 – The first successful American satellite, Explorer 1, is launched into orbit. February * February 1 – Egypt and Syria unite, to form the United Arab Republic. * February 6 – Seven Manchester United F.C., Manchester United footballers are among the 21 people killed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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