KapHaber

Remittent 10-Year Journey of Turkish Banks #1 (Akbank)

  • Akbank, one of the largest banks in Turkey have devalued -86.18% in last 10 years against United States Dollar.

  • Even though most of the Turkish Banks are listed cheaper than a bottled of water, why foreign-investors still keep liquidating their positions?

  • There have been many political, economic and geopolitical changes since 2010 in Turkey. Whilst these have been never seemed an issue by Turkish people, liquidation of foreign investment capitals from Turkish Industries proves that we are getting closer to the light at the end of the tunnel.

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.