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Sümerbank (page 8 Crop)
Sümerbank was a Turkish bank and Industrial sector, industrial holding company established in 1933 and originally owned by the Turkish state, now part of Oyak Bank. On 11 January 2002, Oyak Bank acquired Sümerbank and the combined bank is now known under the Oyak Bank name. History Sümerbank Textile Factory was established in 1933 as a state owned bank for funding the construction of textile factories and the development of the textile industry in Turkey. A year earlier, in 1932, President Mustafa Kemal Atatürk and Prime Minister İsmet İnönü had secured a foreign credit loan worth 8.5 million Turkish liras from the Soviet Union (which offered the lowest interest rates to Turkey in that period) for the construction of Sümerbank's first textile factory in Kayseri. The first textile production plant in Kayseri was opened in September 1935. The Soviet Union also provided credit loans and technical assistance for Turkey's ''First Five-Year Industrial Plan'' ('':tr:Birinci B ...
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Ulus 2015 Sumerbank
Ulus may refer to: Places *Ulus, Bartın, a district in Bartin Province, Turkey *Ulus, Ankara, an important quarter in central Ankara, Turkey **Ulus (Ankara Metro), an underground station of the Ankara Metro Other uses * ''Ulus'' (newspaper), a defunct Turkish newspaper *Orda (organization) or Ulus, a tribe, clan, village or group under a given leader *Ulus, an administrative division type of the Sakha Republic, Russia *Ulus, an inhabited locality type in the Republic of Buryatia, Russia People with the given name *Ulus Baker Ulus Sedat Baker (July 14, 1960 in Ankara, Turkey – July 12, 2007 in İstanbul, Turkey) was a Turkish Cypriot sociology, sociologist. Baker was born to a cosmopolitan family; his mother was the Cypriot poet Pembe Marmara, and his father was the p ... (1960–2007), Turkish Cypriot sociologist See also * Ulu (other) {{disambiguation, geo, given name ...
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Balkan Wars
The Balkan Wars refers to a series of two conflicts that took place in the Balkan States in 1912 and 1913. In the First Balkan War, the four Balkan States of Greece, Serbia, Montenegro and Bulgaria declared war upon the Ottoman Empire and defeated it, in the process stripping the Ottomans of its European provinces, leaving only Eastern Thrace under the Ottoman Empire's control. In the Second Balkan War, Bulgaria fought against the other four original combatants of the first war. It also faced an attack from Romania from the north. The Ottoman Empire lost the bulk of its territory in Europe. Although not involved as a combatant, Austria-Hungary became relatively weaker as a much enlarged Serbia pushed for union of the South Slavic peoples. The war set the stage for the Balkan crisis of 1914 and thus served as a "prelude to the First World War". By the early 20th century, Bulgaria, Greece, Montenegro and Serbia had achieved independence from the Ottoman Empire, but large eleme ...
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Manufacturing Companies Disestablished In 2002
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Manufacturing Companies Established In 1933
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final produc ...
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Banks Established In 1933
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 ...
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Banks Disestablished In 2002
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 ...
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Defunct Banks Of Turkey
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Kemalist Ideology
Kemalism ( tr, Kemalizm, also archaically ''Kamâlizm''), also known as Atatürkism ( tr, Atatürkçülük, Atatürkçü düşünce), or The Six Arrows ( tr, Altı Ok), is the founding official ideology of the Republic of Turkey.Eric J. Zurcher, Turkey: A Modern History. New York, J.B. Tauris & Co ltd. page 181 Kemalism, as it was implemented by Mustafa Kemal Atatürk, was defined by sweeping political, social, cultural and religious reforms designed to separate the new Turkish state from its Ottoman predecessor and embrace a Western-style modernized lifestyle,Cleveland, William L., and Martin P. Bunton. ''A History of the Modern Middle East''. Boulder: Westview, 2013. including the establishment of secularism/laicism (french: laïcité), state support of the sciences, free education, and many more. Most of those were first introduced to and implemented in Turkey during Atatürk's presidency through his reforms. Many of the root ideas of Kemalism began during the late Ottoman ...
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Private Sector
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multinatio ...
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Second World War
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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