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A recent study shows that several consumers have experienced poor customer service in the last six months. The research also stated that the majority of consumers prefer to talk with a conversational machine rather than a real person.
China Minsheng Bank, Deutsche Bank and JPMorgan Chase are latest to go live to support small businesses and consumers with fast, secure, predictable cross-border payments Rapid adoption of SWIFT Go
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Capital injection expected as economy gains pace -sources End-September deadline looms for NPL forbearance Asset management company remains leading solution -sources ISTANBUL, July 8 (Reuters) - Turkey is considering a fresh capital injection for state banks but they also need a plan to deal with lingering bad debt after the lenders depleted their resources helping Ankara's battle against COVID-19, senior bankers and government officials say. While privately-held peers were more conservative, the state banks nearly doubled their lending last year, helping the $720-billion economy avoid a cont...
Environmental developments worldwide in June 2021 NATO discusses fight against climate change for first time during Leaders' Summit 2021-07-03 09:43:25 ANKARA June saw several reports on climate change and the environment, including record-breaking deforestation in the Amazon for the third straight month and the Libyan government's decision to sign the Paris climate accord. Canada breaks heat records as temperatures in British Columbia reach nearly 116 degrees Fahrenheit (46.6 C). Here is a look at environmental developments, reports, events and stories compiled by Anadolu Agency. ...
By Mariam Meskin 24 May 2021 Yapi Kredi Bank and Garanti Bank this week became the latest Turkish banks to refinance syndicated loans, in the process raising ESG-linked facilities. The trend towards ESG-linked financing is not driven by the desire to cut costs, which for many has been only symbolic, but by a desire to help boost borrowers’ credentials and to make life easier for international lenders. Garanti raised a one year dual-tranche syndicated loan consisting of a $279m tranche and a €294m tranche. The all-in pricing on both Garanti and Yapi Kredi’s loan is 225bp over Euribor and...