|
Istanbul Financial Center
The Istanbul Financial Center (IFC), is a financial district serving banks, autonomous public institutions, multi-national companies and their related back offices and service firms. Located on the Asian side of Istanbul in the Ümraniye district, the IFC is intended to consolidate various financial institutions, services, and infrastructures within a designated area to promote collaboration, efficiency, and growth within the financial sector. Approximately 100 thousand employees work in the IFC. Development The concept of the Istanbul Financial Center emerged in the early 2000s as part of Turkey's broader economic vision to elevate its status in the global financial arena. The project gained momentum with the formal announcement by the Turkish government in 2009. In 2023, the opening ceremony of the Istanbul Financial Center was held. Location Situated between Ümraniye and Ataşehir districts on the Anatolian side of Istanbul. Components The Istanbul Financial Center ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ümraniye
Ümraniye () is a municipality and Districts of Turkey, district of Istanbul Province, Istanbul Province, Turkey. Its area is 46 km2, and its population is 723,760 (2023). It was separated from Üsküdar in 1987. It is bordered by Çekmeköy to the northeast, Sancaktepe to the east, Ataşehir to the south, Üsküdar to the west and Beykoz to the northwest. History Ümraniye is located on high ground just inland from Üsküdar. It was originally a small village of less than 900 inhabitants, mainly coming from the Black Sea Region in the 1950s. Its population grew far beyond its capacity during the 1970s and 1980s due to human migration, migration to the cities from rural areas of Anatolia. On 17 March 1978, Ümraniye massacre, 5 workers were massacred by Communist militants in the district. The growth of Ümraniye was relatively better controlled than other districts that also attracted workers on the European side (such as Esenler or Gaziosmanpaşa); there are wider roads thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial District
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host skyscrapers and other buildings of architectural importance and are called financial centres; such major centres also include important financial utilities such as stock exchanges and the offices of the main financial regulatory authorities. {{TOC 80 List Notable financial districts around the world include the following: Africa Algeria *Algiers (الجزائر): Bab Ezzouar (باب الزوار) Belouizdad, Algiers (بلوزداد) Hydra, Algiers (حيدرة) Kenya * Nairobi: Upper Hill Nigeria * Lagos: Lagos Island, Marina Lagos is a financial district. Mauritius *Port Louis: Place D'armes Place D’ armes is financial district in Port Louis Morocco *Casablanca (الدار البيضاء): Anfa (أنفا), Maârif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Istanbul
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howeve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Districts
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CBRT Tower
The CBRT Tower (abbreviated from Central Bank of the Republic of Turkey) also known as the TCMB Tower () is a supertall skyscraper built in the Finanskent district of Istanbul, Turkey. Started in 2020, the tower is scheduled for completion in 2024 and stands at with 59 floors. It is currently the tallest building in Istanbul and the tallest in Turkey, as well as the country's first-ever built supertall skyscraper. History The tower is located in the Finanskent district of Istanbul and is part of the Istanbul Financial Center development, establishment which comprises several components designed to accommodate diverse financial activities and services. The concept of the Istanbul Financial Center emerged in the early 2000s as part of Turkey's broader economic vision to elevate its status in the global financial arena. The project gained momentum with the formal announcement by the Turkish government in 2009, signaling its commitment to transforming Istanbul into a significant fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Markets Board Of Turkey
The Capital Markets Board of Turkey (CMB) () is the financial regulatory and supervisory agency of Turkey. Its board is appointed by the Turkish finance ministry. History The CMB was created in 1982 with the passing of the Capital Markets Law (CML) in 1981. This was followed by a number of further laws and decrees that expanded its functions and responsibilities. The most significant of these changes was Law No. 4487 which was passed in December 1999, which brought in a set of amendments to the Capital Market Law expanding the duties and the scope of authority. This included increased consumer protection and changes to allow dematerlisation of stocks and other changes to make the markets more flexible and able to use information technology. Responsibilities and functions The CMB is responsible for safeguarding the stability of the financial market, consumer protections and supervising participants in the stock market. Structure The Chairman who is also the CEO is responsibl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Regulation And Supervision Agency
The Banking Regulation and Supervision Agency (BRSA; ) is an independent agency in Turkey whose task is to regulate and supervise the banking system in the country. It aims to "provid reliability and stability in financial markets", "ensur the efficient running of the credit system", and protect consumer rights. Since June 2023, Şahap Kavcıoğlu serves as its chairman. See also * Central Bank of the Republic of Turkey The Central Bank of the Republic of Türkiye (CBRT) () is the central bank of Turkey. Its responsibilities include conducting monetary and exchange rate policy, managing international reserves of Turkey, as well as printing and issuing banknotes ... References External links Official Website: Banking Regulation and Supervision Agency 1999 establishments in Turkey Bank regulation Regulatory and supervisory agencies of Turkey {{Gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ataşehir
Ataşehir is a municipality and Districts of Turkey, district of Istanbul, Istanbul, Turkey. Its area is 25 km2, and its population is 423,127 (2022). It is located at the junction of the Otoyol 2, O-2 and Otoyol 4, O-4 motorways on the Anatolian (Asian) side of Istanbul. Its neighbours are the districts of Ümraniye to the north, Sancaktepe to the northeast, Maltepe, Istanbul, Maltepe to the east, Kadıköy to the south and Üsküdar to the west. Since 2023, Ataşehir is home to the Istanbul Financial Center (IFC), where the new headquarters of the state-owned Turkish banks, such as the Central Bank of the Republic of Turkey, Turkish Central Bank, Ziraat Bank, VakıfBank and Halkbank, are located. Until 2023, the headquarters of these banks were in Ankara. As of 2024, the tallest buildings in Ataşehir are the CBRT Tower, Turkish Central Bank Tower, which is followed by Metropol Istanbul Tower, Metropol Istanbul Tower A (70 floors / 301 metres including its twin spires). Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Istanbul
Istanbul is the List of largest cities and towns in Turkey, largest city in Turkey, constituting the country's economic, cultural, and historical heart. With Demographics of Istanbul, a population over , it is home to 18% of the Demographics of Turkey, population of Turkey. Istanbul is among the List of European cities by population within city limits, largest cities in Europe and List of cities proper by population, in the world by population. It is a city on two continents; about two-thirds of its population live in Europe and the rest in Asia. Istanbul straddles the Bosphorus—one of the world's busiest waterways—in northwestern Turkey, between the Sea of Marmara and the Black Sea. Its area of is coterminous with Istanbul Province. Istanbul's climate is Mediterranean climate, Mediterranean. The city now known as Istanbul developed to become one of the most significant cities in history. Byzantium was founded on the Sarayburnu promontory by Greek colonisation, Greek col ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
