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The European Bank for Reconstruction and Development (EBRD) said that it is providing 50 million euro ($49.9 million) to Turkey's Yapi Kredi Leasing, part
EBRD supports green, low carbon investments in Turkey
One of Turkey's largest banks has sued its insurers, a group of Lloyd's syndicates, for $22.5 million at a London court, claiming that they should pay out to cover the loss of a container ship for which it had provided a mortgage.
Banking news
After Turkey's official inflation rate surged above 70% in May, some global companies, including the British consumer goods giant Unilever, have begun applying hyperinflation accounting to their Turkish operations.