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Tütünbank
Tütünbank (full name ( tr , Akhisar Tütüncüler Bankası) "Tobacco Producers' Bank of Akhisar") was a former Turkish bank which was eventually merged with Sümerbank in 1999. History Following İzmir Economic Congress a number of small local banks were founded in Turkey. Tütünbank was one of them. It was founded on 7 September 1924 in Akhisar, Manisa Province, a region known for tobacco production. The bank was named after tobacco ( tr, tütün). Its founding capital was TL 500,000. Among the 250 founding members there were notable politicians such as Celal Bayar (later, prime minister and president), Şükrü Saracoğlu (later prime minister) and Abdülhalik Renda (later the Speaker of the Grand National Assembly). Up to 1930 the bank had a single branch office in Akhisar. After opening branch offices in various cities in the Aegean Region of Turkey it became a regional bank. In 1954 it was renamed as ''Türkiye Tütüncüler Bankası'' ("Tobacco Producers' Bank of Tur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manisa Province
Manisa Province ( tr, ) is a province in western Turkey. Its neighboring provinces are İzmir to the west, Aydın to the south, Denizli to the southeast, Uşak to the east, Kütahya to the northeast, and Balıkesir to the north. The city of Manisa is the seat and capital of the province. The traffic code is 45. Districts Sites of interest Mount Sipylus National Park (''Spil Dağı Milli Parkı'') near the city of Manisa embraces a richly forested area, hot springs, the famous "crying rock" of Niobe, and a Hittite carving of the mother-goddess Cybele. The park boasts about 120 varieties of native plants within its boundaries, especially wild tulips. The park provides opportunities for mountaineering and camping. Sardis, in the present-day municipality of Salihli, was the ancient capital of Lydia, once ruled by King Croesus, who was renowned for his wealth. Due to numerous earthquakes, most of the visible remains date back only to Roman times. There are the remains of the te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1924
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aegean Region
The Aegean Region () is one of the 7 Geographical regions of Turkey, geographical regions of Turkey. The largest city in the region is İzmir. Other big cities are Manisa, Aydın, Denizli, Muğla, Afyonkarahisar and Kütahya. Located in western Turkey, it is bordered by the Aegean Sea to the west, the Marmara Region to the north, the Central Anatolia Region to the east, and the Mediterranean Region, Turkey, Mediterranean Region to the south. Among the four coastal regions, the Aegean Region has the longest coastline. Subdivision *Aegean Section ( tr, Ege Bölümü) **Edremit Area ( tr, Edremit Yöresi) **Bakırçay Area ( tr, Bakırçay Yöresi) **Gediz Area ( tr, Gediz Yöresi) **İzmir Area ( tr, İzmir Yöresi) **Küçük Menderes Area ( tr, Küçük Menderes Yöresi) **Büyük Menderes Area ( tr, Büyük Menderes Yöresi) **Menteşe Area ( tr, Menteşe Yöresi) * Inner Western Anatolia Section ( tr, İç Batı Anadolu Bölümü) Ecoregions The ecoregions of this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdülhalik Renda
Mustafa Abdülhalik Renda (29 November 1881 – 1 October 1957) was a Turkish civil servant and politician of Tosk Albanian descent. Biography Renda was born in Yanya, in the Janina Vilayet of the Ottoman Empire. Renda was of Albanian origin.. "(Renda). Bureaucrat of Albanian descent." From 1902 to 1918, he served in several towns and cities of the Ottoman Empire as district governor and province governor. In 1918, he was exiled for six months to Malta. Following his return, he was appointed undersecretary in the Ministry of Economy and then in the Ministry of Interior. He became Governor of Konya, before he was appointed the first Governor of İzmir after the Turkish forces re-captured the city from withdrawing Greek troops. During Renda's tenure as İzmir governor, politician Rıza Nur accused him on grounds of compatriot solidarity of encouraging Albanians (refugees and immigrants) to resettle from other Anatolian regions to İzmir, claims that Renda denied. From 192 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Şükrü Saracoğlu
Mehmet Şükrü SaracoÄŸlu (; 17 June 1887, ÖdemiÅŸ – 27 December 1953, Istanbul) was a Turkish politician, the fifth Prime Minister of Turkey and the Turkish Minister of Foreign Affairs during the early stages of World War II. He signed the German–Turkish Treaty of Friendship in 1941, which would prevent Turkish involvement in the war. He was also the chairman of the Turkish sports club Fenerbahçe S.K. for 16 years between 1934 and 1950, including holding that post concurrently with his time as Prime Minister from 1942 to 1946. Early life Born in ÖdemiÅŸ in the Ottoman Empire in 1887, Mehmet Şükrü was the son of Saraç Mehmet Tevfik Usta who was from Akçaabat, Trabzon. He completed primary and middle school in ÖdemiÅŸ and high school in the prestigious Ä°zmir Atatürk Lisesi in Ä°zmir and graduated from the School of Civil Service (Mekteb-i Mülkiye) halla in 1909. For a while, he worked as officer of attendance and performed as mathematics teacher in Ä°zmi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Celal Bayar
Celal is both a masculine Turkish given name and a surname. It is the Turkish form of the Arabic word Jalal (جلال), which means "majesty". Notable people with the name include: Given name * Celal Al (born 1984), Turkish actor * Celal Esat Arseven (1875–1971), Turkish painter, writer and politician * Celal Atik (1918–1979), Turkish sports wrestler * Celâl Bayar (1883–1986), Turkish politician * Celal İbrahim (1884–1917), Ottoman football player * Celal Nuri İleri (1881–1938), Turkish politician * Celal Kandemiroglu (1953–2022), video game specialist * Celal Şahin (1925–2018), Turkish musician and humorist * Celâl Şengör (born 1955), Turkish geologist * Celal Yardımcı (1911–1986), Turkish lawyer and politician Middle name * Hasan Celal Güzel (1945–2018), Turkish politician Surname * Peride Celal Peride Celal Yönsel (June 10, 1916 – June 15, 2013), commonly known as Peride Celal or Peride Celâl, was a Turkish novelist and story writer. Her work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ä°zmir Economic Congress
Ä°zmir Economic Congress ( tr, Ä°zmir Ä°ktisat Kongresi) was held in Ä°zmir, Turkey between 17 February - 4 March 1923, shortly after the end of the Turkish War of Independence and during the interval between the two conferences that led to the Lausanne Treaty the same year. The conference was held in order to emphasize the importance of Turkish economic development, as the country had been shattered by years of war. Early Turkish economic policy was articulated at this congress. The newborn republic was to have a mixed economy—as advised by Mustafa Kemal Atatürk. Mustafa Kemal's conjunctural words have long been quoted by the statist economists in Turkey in an effort to justify the state's role in economy. A second Congress under the same name and with stressed references to the first was held in 1981 after the 1980 Turkish coup d'état, and a third (named Economic Congress of Turkey) was organized by Turkey's State Planning Organization (''T.C. BaÅŸbakanlık Devlet Pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Akhisar
Akhisar ( ota, آق Øصار) is a town and a district in Manisa Province; in the Aegean Region of western Turkey. Akhisar is also the ancient city of Thyatira (also known as ''Thyateira''). With archaeological findings that are proving settlements going back to 3000 BC, Akhisar has been a busy trade center with its strategic location at the intersection of important roads during ancient and medieval ages. Akhisar also hosted one of the Seven churches of Asia: Thyateira, which is mentioned in the Bible. Akhisar maintained its importance as a regional trade center during the Ottoman period. Today's Akhisar is still the trade and business center in its region. Akhisar's name is internationally associated with tobacco. The fertile Akhisar Plain produces about 10% of total Turkish tobacco production. Akhisar's high-quality olives and olive oil are also globally known. Olive, walnut and almond cultivation is among the important agricultural activities of Akhisar. History The town wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sümerbank
Sümerbank was a Turkish bank and 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'' ('' Birinci Beş Yıllık Sanayi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oyak Bank
ING is the Turkish subsidiary of the ING Group, an international banking company. The bank was formerly known as Oyak Bank which became part of ING Group in December 2007. It provides retail and commercial banking services to individuals and businesses in Turkey, together with related financial products such as insurance and asset management. It was a financial subsidiary of OYAK Holding (Turkish Army Members Solidarity Fund) between 1993 and 2007. History US-based First National Bank of Boston opened a branch in Istanbul, Turkey in 1984. The bank has operated independently since 1990 with three companies owning majority stakes: Alarko, Cerrahoğlu and Oyak Ordu Yardımlaşma Kurumu (OYAK) (''lit. Military Mutual Aid Institution''), is a Turkish charity and pension fund with around 363,000 members and owner of Renault (Oyak). The OYAK Holding Investment Subsidiary Group is one of the largest indust .... The bank's name changed to Turkish Boston Bank A.Ş. again in 1991 and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
