Türk Ticaret Bankası
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Türk Ticaret Bankası
Türk Ticaret Bankası A.Ş (TTB, en, Turkish Trade Bank), also known as Türkbank, was founded in 1913 in Adapazarı by private investors as a regional bank under the name of ''Adapazarı İslam Ticaret Bankası''. It was renamed ''Türk Ticaret Bankası A.Ş'' in 1937, and relocated its head office to Istanbul in 1952. Türkbank was taken over by the Turkish Treasury in 1994 after the bank was weakened by the Turkish financial crisis of the time. After a privatization scandal in the late 1990s, which caused the collapse of the government of Mesut Yılmaz, resulted in the planned privatization to fail, the bank went into liquidation on 9 August 2002. See also Türkbank scandal References External links Transcriptsof leaked conversations between Turkbank bid winner Korkmaz Yiğit and mafia boss Alaattin Çakıcı Aladdin ( ar, علاء الدين, commonly ) (various spellings and transliterations) is a male given name which means "nobility of faith" or "nobility of creed ...
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Bank
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 a ...
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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product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order.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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Companies Based In Istanbul
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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1913 Establishments In The Ottoman Empire
Events January * January 5 – First Balkan War: Battle of Lemnos (1913), Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 13 – Edward Carson founds the (first) Ulster Volunteers, Ulster Volunteer Force, by unifying several existing Ulster loyalism, loyalist militias to resist home rule for Ireland. * January 23 – 1913 Ottoman coup d'état: Ismail Enver comes to power. * January – Stalin (whose first article using this name is published this month) travels to Vienna to carry out research. Until he leaves on February 16 the city is home simultaneously to him, Hitler, Trotsky and Josip Broz Tito, Tito alongside Alban Berg, Berg, Freud and Jung and Ludwig Wittgenstein, Ludwig and Paul Wittgenstein. February * February 1 – New York City's Grand Central Terminal, having been rebuilt, reopens as the ...
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Banks Of Turkey
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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Banks Established In 1913
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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Alaattin Çakıcı
Aladdin ( ar, علاء الدين, commonly ) (various spellings and transliterations) is a male given name which means "nobility of faith" or "nobility of creed/religion". It is one of a large class of names ending with ad-Din. The name may refer to: Given name *Ala al-Din Husayn (died 1161), king of the Ghurid dynasty from 1149 to 1161 * Ala al-Din Atsiz (died 1214), Sultan of the Ghurid dynasty from 1213 to 1214 *Ala al-Din Ali, last Sultan of the Ghurid dynasty, from 1214 to 1215 *Kayqubad I or Alā ad-Dīn Kayqubād bin Kaykāvūs (1188–1237), Seljuq Sultan of Rûm *Alauddin Sabir Kaliyari (1196–1291), Sufi saint *Ala al-Din Abu al-Hassan Ali ibn Abi-Hazm al-Qurashi al-Dimashq, or Ibn al-Nafis (1213–1288), Arab Muslim polymath *Ata-Malik Juvayni (in full: Ala al-Din Ata-ullah) (1226–1283), Persian historian *Al al-Din (died 1312), Muslim Persian military expert who served in Kublai Khan's army * Allauddin Khan (c. 1862–1972), Indian musician *Alauddin Al-Azad (1932 ...
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Korkmaz Yiğit
Korkmaz Yiğit (born 1943, in Erzincan) is a Turkish businessman. He made his fortune in construction, and expanded into finance and media, but fell rapidly from grace in 1998 when apparent connections with mob figure Alaattin Çakıcı were revealed. Career After making his fortune in construction, Yiğit sought to move into finance in the mid-1990s. He bid in the privatization tender for Etibank, and after this was unsuccessful bought Bankekspres from Doğuş Holding for $100m in March 1997. In 1998, he acquired private television stations Kanal E and Tele 4, and then Kanal 6 (the latter for $110m). In August 1998, he bought the '' Ateş'' and '' Yeni Yüzyıl'' newspapers ($75m), and in early October he acquired control of ''Milliyet'' ($300m). In August 1998, he had won the privatization tender for the majority of Türk Ticaret Bankası, with a $600m bid, but after apparent connections with mob figure Alaattin Çakıcı were revealed in October, known as the " Türkbank ...
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Aksiyon
''Aksiyon'' ( en, Action, italic=yes) was a Turkish news magazine. The magazine was close to the Gülen movement. It was established by Feza Publications in 1994. In 2008 it was described by its ''Today's Zaman'' sister newspaper as "the most widely read Turkish weekly magazine" (its nearly 40,000 circulation accounted for over half the weekly news magazine market).''Today's Zaman'', 21 December 2008Turkish news weekly Aksiyon celebrates 15th year Its circulation had increased from around 15,000 in 2001. It broke some major stories including (May 1996) a secret military agreement between Turkey and Israel; and comments by Major Şefik Soyuyüce admitting the use of students to create a crisis in preparation for the 1960 Turkish coup d'état. Past editors of ''Aksiyon'' were İbrahim Karayeğen (2002–2004), Mehmet Yılmaz (2004–2008), Bülent Korucu (from 2008), and the last editor Idris Gursoy (2016). Contributors included İdris Gürsoy and Zafer Özcan. The magazine ...
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Mesut Yılmaz
Ahmet Mesut Yılmaz () (6 November 1947 – 30 October 2020) was a Turkish politician. He was the leader of the Motherland Party ( tr, Anavatan Partisi, ANAP) from 1991 to 2002, and served three times as Prime Minister of Turkey. His first two prime-ministerial terms lasted just months (in 1991 and 1996), while the third ran from June 1997 to January 1999. The first was brought to an end by defeat in the 1991 elections, the latter two by the breakdown of Yılmaz' coalition governments. Career Of Hemshin and Çayeli origin, Mesut Yılmaz was a rising star in the Motherland Party of Turgut Özal, representing the Black Sea province of Rize in the parliament and serving in Özal's cabinet. He was State Minister for Information (December 1983), then Minister of Culture and Tourism (1986), and Minister of Foreign Affairs (December 1987 to February 1990). Upon Özal's election to the presidency in 1989, Yılmaz became the leader of an intraparty opposition to the new Prime Minis ...
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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 ...
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