Turkey's Largest Capital Markets Event

Total Page:16

File Type:pdf, Size:1020Kb

Turkey's Largest Capital Markets Event Book your place before 25th October. to SAVE £100 enter code DM2 at www.BondsLoansTurkey.com TURKEY’S LARGEST CAPITAL MARKETS EVENT Shangri-La Bosphorus, IstaNbul Strategic Partner Platinum Sponsor Gold Sponsors Lunch Sponsor Silver Sponsors Bronze Sponsors www.BondsLoansTurkey.com WELCOME TO Bonds, Loans & Sukuk Turkey 2019 550+ REASONS TO ATTEND: attendees 1 Attended by Decision-makers and Market Practitioners: This is the only event in Turkey bringing together senior bankers, corporates and regional and international investors from Turkey, Europe, Middle East, US and Asia. Network with over 550 CFOs, Treasurers, Fund Managers, Bankers and Advisors, who are actively looking for opportunities to raise and deploy capital and move the Turkish Capital 95% Markets forward. Director level or above 2 Hear global investors’ perspective on how Turkey can best diversify their funding strategy to retain international investment and the experiences of issuers who are actively looking to secure funding in the bond and loan markets: Event content addressing the latest challenges, and presenting issuers 3 and borrowers with solutions. Topics to be covered include: • Expectation in a year of elections: How do investors, lenders and issuers feel about Turkey’s outlook in Q4 and for the first half of 2020? 63% • Sourcing alternative funding: What factors should be considered when Corporate & FI Issuers diversifying funding mix? What other options are available away from and Borrowers, EUR/USD? Investors and • Back on the road to refinancing: What are the critical success factors project finance teams need to employ for achievable tenors and Government competitive pricing? • Evolution of Environmental, Social Governance (ESG) and sustainable Bonds, Loans & Sukuk Turkey is a unique event that brings finance in Turkey: How to capitalise on Turkey’s green effort together policy makers, issuers and investors. It is a fantastic platform for exchanging thoughts on key industry trends, debating current • Unlocking Turkey’s distressed asset potential: How restructuring can & future issues and for networking. I have been attending Bonds provide a platform for the return of international investors & Loans events for many years and always found them to be very • Evaluating steps that need to be taken to encourage the nascent professionally and wonderfully organized. I will definitely be back at Islamic finance market in Turkey another Bonds & Loans event! 60+ 4 Vote for your winner: Voting for the Bonds & Loans Turkey Awards Ashwinder Singh Bakhshi, Barings will be conducted at the conference by attendees speakers 2 Senior Level Speakers include John Bates, Giulia Pellegrini, Tim Ash, Todd Schubert, Senior Vice Portfolio Senior EM Managing Director President, EM Manager and Sovereign and Head of Fixed Corporate Analyst, Frontier Markets Strategist, Income Research, PineBridge Economist, Blue Bay Asset Bank of Singapore Investments BlackRock Management Kaan Nazli, Osman Yilmaz Görkem Elverici, Hakan Aras, Senior Economist, Chief Financial Chief Financial Chief Financial Emerging Market Officer, Officer, Officer, Debt, Turkcell Sisecam Borusan Enerji Neuberger Berman Selahattin Bilgen, Brigitte Posch, Ashwinder Singh Ahmet Burak Chief Financial Managing Director, Bakhshi, Dağlıoğlu, Officer, Head of Emerging Director, Financial Vice President, IGA Airport Markets Debt, Sector Research, Invest in Turkey Apollo Barings Global Asset Management 3 The event in numbers Audience breakdown by sector Audience breakdown by seniority 2% Managing Director/Heads of 5% Other International & 36% Regional Law firms 11% Government, ECA & Development Banks Vice President/Director 47% 350+ Corporate 29% 550+ & FI 14% AttendeesAttendees issuers and Investors borrowers CEO/CFO/CIO 21% 24% International and regional banks Partner 11% Bonds, Loans & Sukuk Turkey is a fantastic event where I can see many financial institutions and colleagues from all over the world. It also provides a useful market update, covering the latest developments in the Turkish Capital Markets. Muzaffer Aksoy, Bank ABC Companies that attend Bonds, Loans & Sukuk Turkey 24 Gayrimenkul Portfoy Yonetimi Bereket Enerji Demiroren Holding Intercity Oyak Securities TEB ABank Bezen & Partners DenizBank International Finance Corporation Ozbal Çelik Boru TEB Asset Management Abdul Latif Jameel International Bilkent Holding A.Ş. Dentons (IFC) Ozbal Steel Pipe Company Tekfen Construction and Installation Acibadem Saglik Hizmetleri (ACIBD) BLG Capital Dogan Holding Invest in Turkey Paksoy Attorneys at Law TOFAS Turk Otomobil Fabrikası ACT Venture Capital BNY Mellon Dogus Holding Is Asset Management Palmera Capital Limited Toprak Mahsulleri Ofisi ACTUS Asset Management Borsa Istanbul Dogus Insaat IS Bankasi Park Holding Toros Tarım Air Finance One Consulting Ltd Borusan Enerji Eczacibasi Holding Istanbul Gold Refinery Pegasus Airlines TSKB Ak Asset Management Borusan Holding Ege Kimya Istanbul Metropolitan Municipality Petkim Petrokimya Holding Tupras AK Enerji Bosch Emd Enerji Merkezi Istanbul Portfolio Management PFS Finance Turcas Petrol AK Investment Boydak Holding Emirates NBD Kalyon Construction Industry and PineBridge Investments Türk Eximbank Akbank TAS Boyner Buyuk Magazacılık Emta Trade Pladis Turk Telekom Akcansa Cimento Brisa Bridgestone Sabanci Lastik Enerjisa Karaca Zuccaciye Ticaret ve Sanayi A.Ş Portigon Financial Services TURKCELL Akfel Gaz San. Ve Tic. A.Ş. British Chamber of Commerce in Engie Karadeniz Holding Presidency of the Republic of Turkey Turkcell Finansman Akfen Holding Turkey Entek Elektrik Uretimi A.S. Kastamonu Entegre Privatization Administration of the Turkey Wealth Fund Akfen Renewable Energy Burgan Bank Enterprise Rent a Car Kayi Holding Republic of Turkey Turkish Airlines Akin Gump Strauss Hauer and Feld Çakmak Avukatlık Ortaklığı Erdemir Kibar Holding Qatar Financial Centre Turkish Bank Akol Namlı & Partners Calik Enerji Eren Kipas Holding QNB Finansbank Turkiye Finans Aksa Calik Holding Esin Attorney Partnership Koc Holding Rasmala Turkven Private Equity AKT Law Firm Canakkale Otoyol ve Koprusu Insaat Eurasia Group Kolin Construction, Tourism Industry Rimrock Capital Management Tuyap Tum Fuarcilik Yapim Alarko Holding Yatırım ve Isletme Euronext Dublin and Trading Co. Ronesans Gayrimenkul UK Export Finance Albaraka Turk Capital Investments European Bank for Reconstruction and Kordsa Global Endüstriyel İplik Ve Ronesans Holding Undersecretariat of Treasury, Turkey Allen & Overy Capital Markets Authority, Saudi Development (EBRD) Kord Bezi S&P Global Unlu & Company Allianz Arabia Fast Track Group Latham & Watkins LLP Sarkuysan Elektrolitik Bakir San Ve Tic Untes Isitma Klima Sogutma San. Anadolu Efes Capital Markets Board of Turkey Fitch Ratings Limak Holding Seker Asset Management Tic. A.S. Anadolu Group CARGILL French Embassy, Turkey Linklaters Siemens Vakif Emeklilik Ve Hayat Anagold CCI - Coca Cola Icecek Galataport Logos Portfoy Yonetimi Simmons & Simmons Vakif Katilim Apollo Asset Management CCN Holding GAMA Enerji A.Ş Manulife Asset Management Sisecam Vakifbank Apollo Management Celikler Taahhut İnsaat Ve Sanayi Garanti Bank Medical Park SMBC Nikko Capital Markets Volkswagen Doğuş Finans Arçelik Cengiz Construction Industry and Gedik and Eraksoy Merit Risk Yonetimi Socar Waha Capital Assan Aluminyum Trade GKC Partners Meyerlustenberger Lachenal Societe Generale White & Case Astaldi Concessioni S.p.A. Central Bank of Turkey Globalsource Partners Migros Ticaret Sofac Winston & Strawn LLP Ata Asset Management Cimsa Güriş Mineks International Solimpeks Enerji World Bank Group Atlas Portfoy Yonetimi Cimsa Cimento Halk Portfoy MNG Soyak Holding Yapi Kredi Bank AVRASYA GAZ A.Ş. Ciner Group Halkbank Moody’s Investors Service Standard Chartered Bank Yapi Kredi Leasing Aygaz Cinigaz Dogalgaz Harmony Gold MUFG STFA Group Yapı Kredi Yatırım Azimut Citi Hattat Holding NBK Capital Partners SUEK Yapi Merkezi Azimut Bosphorus Capıtal Portfoy CK Enerji Yatırım Hayat Kimya Sanayi Netas Sumitomo Mitsui Banking Corporation Yasar Holding Yonetimi Coca Cola Icecek Hayat Varlık Nippon Export and Investment (SMBC) YDA Construction Industry and Trade Baker & Mckenzie Commercial Bank of Qatar Hogan Lovells Insurance (NEXI) SunExpress Yeni Cagdas Yenikoy Kemerkoy Elektrik Uretim ve Balcioglu Selcuk Akman Credit Suisse Horoz Lojistik Kargo Hizmetleri Ve Noah Holdings (Hong Kong) Limited Sur Yapi Ticaret A.S. Bank ABC Credit Suisse İstanbul Menkul Degerler Ticaret Noor Bank Taaleri Portfoy Yonetimi Yildirim Holding Bank of Singapore Dagi Giyim HSBC Novalpina Capital Tab Gida Sanayi Ve Ticaret Yildiz Holding Banking Regulation and Supervision Darby Overseas Investments IC Holding Nurol LLC Tacirler Portfoy Yonetimi Yolbulan Bastug Metalurji Agency Defacto Grubu IC Investment Holding Nurol Yatırım Bankası Tasarruf Mevduatı Sigorta Fonu Yüksel İnşaat Banvit Bandirma Vitaminli Yem Sanayii Demir Export ICBC Standard Bank Nuve Capital TAV Airports Holding Ziraat Bankası Barings Demirer Holding İGA Airport Osmanli Menkul Degerler TAV Construction Ziraat Katilim Bank For the full list of participants call Elvan Cosgun on +44 (0)207 045 0935 5 Programme Day One: Wednesday 13th November 2019 08.00 09.40 10.55 Registration and coffee Rates, FX, trade, politics and markets: How is Turkey’s Understanding the benefits of alternative funding: What steps 08.50 economy responding to international and domestic do issuers need to take to ensure diversification is part of their uncertainty? long-term funding strategy?
Recommended publications
  • Günlük Bülten 12 Ağustos 2021 Piyasalarda Son Görünüm* USD/TL EUR/TRY EUR/USD BIST-100 Gram Altın Gösterge Tahvil 8,6314 10,1510 1,1744 1.411 485,9 18,27
    Günlük Bülten 12 Ağustos 2021 Piyasalarda Son Görünüm* USD/TL EUR/TRY EUR/USD BIST-100 Gram Altın Gösterge Tahvil 8,6314 10,1510 1,1744 1.411 485,9 18,27 Yurt içinde bugün TCMB faiz kararı takip edilecek Haftalık Getiriler (%) 1,5 1,2 ● TCMB’nin politika faizini sabit tutması bekleniyor 1,0 0,7 0,4 ● ABD’de yıllık enflasyon, %5,4 düzeyinde yatay seyretti 0,5 ● ABD Senatosu, 3,5 trilyon $’lık harcama paketini onayladı 0,0 -0,5 Küresel çapta, ABD'de tüketici fiyatları temmuz ayında aylık bazda -1,0 %0,5 artış gösterdi. Haziran ayında aylık enflasyon %0,9 -1,5 -1,5 düzeyinde gerçekleşmiş idi. Bu temmuz ayı gerçekleşmesi ile, yıllık -2,0 -1,7 enflasyon da %5,4 düzeyinde yatay seyretti. Yıllık çekirdek enflasyon Dolar/TL Euro/TL Gram Altın BIST-100 Gösterge Tahvil ise, %4,5'ten %4,3'e geriledi. ABD‘de özellikle enflasyon ve işgücü piyasasına yönelik veriler, Fed'in varlık alımlarında azaltıma Veriler (Bugün) Önceki Beklenti başlayabileceği tarih açısından kritik öneme sahip. TCMB Faiz Kararı (%) 19,0 19,0 Euro Bölgesi Sanayi Bölgesi ABD Senatosu, Başkan Biden'ın ekonomik reform takviminde -1,0 0,2 (Haziran, aylık % değişim, m.a.) bulunan 3,5 trilyon $ tutarındaki bütçe taslağına 50'ye karşı 49 oy ile onay verdi. Tasarının, ABD hükümetinin sosyal ve çevresel konulara yönelik daha fazla harcama yapmasına imkan tanıyacağı Yatırımcı Takvimi için tıklayınız belirtiliyor. Küresel çapta günlük vaka sayıları 7 günlük ortalamalar Devlet Tahvili Getirileri bazında artış eğilimini sürdürürken, ABD'de ve Avrupa'da, aşı (%) 11/08 10/08 2020 olmayanlara yönelik kısmi zorlayıcı tedbirler yürürlüğe giriyor.
    [Show full text]
  • WOOD's Winter in Prague
    emerging europe conference WOOD’s Winter in Prague Tuesday 5 December to Friday 8 December 2017 Please join us for our flagship event - now in its6th year - spanning 4 jam-packed days. We expect to host over 160 companies representing more than 15 countries. Click here & For more information please contact your WOOD sales representative: Tuesday: Energy, Industrials and Materials Register Warsaw +48 222 22 1530 Wednesday: TMT and Utilities Now! Prague +420 222 096 453 Thursday: Consumer, Healthcare and Real Estate London +44 20 3530 7685 Friday: Diversified and Financials [email protected] Invited Companies by country Bolded confirmed Austria Hungary Kruk LUKOIL Aygaz AT & S ANY LPP Luxoft BIM Atrium Budapest Stock Exchange Mabion M.video Bizim Toptan BUWOG Gedeon Richter mBank Magnit Brisa DO&CO Graphisoft Park Medicalgorithmics MMK Cimsa Erste Group Bank MOL Group Orange Polska Moscow Exchange Coca-Cola Icecek Immofinanz OTP Bank Pfleiderer Group Mostotrest Dogus Otomotiv OMV Waberer’s PGE MTS Erdemir PORR Wizz Air PGNiG NLMK Garanti Raiffeisen Bank Iraq PKN Orlen Norilsk Nickel Halkbank Strabag DNO PKO BP NovaTek Is REIT Telekom Austria Genel Energy PKP Cargo O’KEY Isbank Uniqa Kazakhstan PLAY PIK Kardemir Vienna Insurance Group KMG EP Prime Car Management Polymetal International Koc Holding Warimpex Nostrum Oil & Gas PZU Polyus Lokman Hekim Croatia Steppe Cement Synthos Raven Russia Migros Ticaret Podravka Lithuania Tauron Rosneft Otokar Czech Republic Siauliu Bankas Warsaw Stock Exchange Rostelecom Pegasus Airlines CEZ Poland
    [Show full text]
  • En-Isbank2009.Pdf
    Contents Presentation 1 İşbank at the onset of 2010 2 Turkey’s Bank 4 İşbank since 1924 5 İşbank’s Vision, Objectives, and Strategy 6 Pioneering Activities 7 İşbank’s Financial Indicators and Shareholder Structure 8 Chairman’s Message 12 CEO’s Message 18 İşbank’s transformation journey: Customer Centric Transformation (MOD) 20 The Economic Outlook in 2009 26 İşbank in 2009 49 Subsidiaries 54 Corporate Social Responsibility at İşbank 60 Annual Report Compliance Opinion Management and Corporate Governance at İşbank 62 Board of Directors & Auditors 64 Executive Committee 66 Organization Chart 68 Managers of Internal Systems 68 Information About the Meetings of the Board of Directors 69 İşbank Committees 71 Human Resources Functions at İşbank 72 Information on the Transactions Carried out with İşbank’s Risk Group 72 Activities for which Support Services are Received in Accordance with the Regulation on Procurement of Support Services for Banks and Authorization of Organizations Providing this Service 73 İşbank’s Dividend Distribution Policy 74 Agenda of the Annual General Meeting 75 Report of the Board of Directors 76 Auditors’ Report 77 Dividend Distribution Proposal 78 Corporate Governance Principles Compliance Report Financial Information and Assessment on Risk Management 89 Audit Committee’s Assessments on the Operation of Internal Control, Internal Audit and Risk Management Systems, and Their Activities in the Reported Period 91 Independent Auditors’ Report 92 Unconsolidated Financial Statements 102 Financial Highlights and Key Ratios
    [Show full text]
  • Turkish Airlines Aviation
    GENEL-PUBLIC March 8, 2018 Equity Research Turkish Airlines Aviation Company update Europeans are back Strong demand continue to support industry. Turkish Airlines recorded 15.5% YoY O&D pax growth, resulting in overall 8.4% BUY YoY international pax growth in 2017. In the same year, although foreign arrivals to Turkey recovered much by 27.8% YoY almost in Share price: TL17.37 all regions, European arrivals stayed flattish in 2017. Our conversations with Association of Turkish Travel Agencies claimed Target price: TL21.60 that summer bookings from Western Europe has jumped much by 60% YoY for 2018. Furthermore, summer bookings from domestic Expected Events tourist figures jumped to 6 million versus 5 million in previous year. We now estimate Turkish Airlines will carry 42.2 mn international March THY February-18 traffic passenger and 33.1 mn domestic passenger, overall resulting to April, 9th Market traffic results (March) 9.7% YoY passenger growth and improvement of 2.9 ppt in load factor to 82.1% in 2018E vs 79.1% in 2017. Although we revised up our revenue estimate of 2018E much by 6.7%, we cut down EBITDA margin estimate by 1ppt on the back of upward revision in our oil estimates and ex-fuel CASK by 5.9% after 4Q17 results Key Data performing worse than our estimates. Accordingly, we project THY to generate 13.2% revenue and 9.9% EBITDA CAGR over our Ticker THYAO forecast period (2017-2019E). Share price (TL) 17.37 There is still room for improvement on our assumptions. The 52W high (TL) 19.57 shares have gained 10.7% so far this year outperforming the 52W low (TL) 5.38 benchmark BIST 100 index by 9.4 percentage points.
    [Show full text]
  • Market Watch Monday, March 01, 2021 Agenda
    Market Watch Monday, March 01, 2021 www.sekeryatirim.com.tr Agenda 01 M onday 02 Tuesday 03 Wednesday 04 Thursday 05 Friday Turkstat, 4Q20 GDP Growth Germany, January TurkStat, February inflation CBRT, February Germany, Janu- retail sales inflation assess- ary factory orders China, February Caixin non-mfg. China, February Caixin mfg. PMI ment Germany, February PMI U.S., February Germany and Eurozone, Febru- unemployment data U.S., jobless non-farm payrolls ary Markit mfg. PMI Germany and Eurozone, Febru- ary Markit non-mfg. PMI claims and unemploy- Eurozone, February ment rate Germany, February CPI CPI Eurozone, February PPI U.S., January factory orders U.S., February U.S., February Markit mfg. PMI U.S., February ADP employment average hourly change earnings U.S., February ISM manufactur- ing index U.S., February Markit non-mfg. PMI U.S., January construction U.S., February ISM non- spending manufacturing index Outlook Major global stock markets closed lower on Friday, amid the rise in US Treasury yields, which has increased concerns over rising inflation and the Fed derailing its currently accommodative policy. Global risk appetite has Volume (mn TRY) BIST 100 relatively weakened, despite Fed Chair Powell’s statements suggesting that inflation was likely to remain below the targeted value, and that the 1.551 major central bank would maintain its current policy. Having moved in 1.518 1.488 parallel to the course of major international stock markets, the BIST100 48.000 1.483 1.471 1.600 also shed 1.13% to close at 1,471.39 on Friday, after a volatile day in 40.000 1.500 trading.
    [Show full text]
  • Market Watch Tuesday, August 08, 2017 Agenda
    Market Watch Tuesday, August 08, 2017 www.sekeryatirim.com.tr Agenda 07 Monday 08 Tuesday 09 Wednesday 10 Thursday 11 Friday Germany, June industrial TurkStat, June industrial U.S., June wholesale U.S., jobless claims CBRT, June balance of production production inventories U.S., July PPI payments U.S., July CPI Outlook: Major stock markets have advanced to new highs, and the BIST100 has Volume (mn TRY) BIST 100 also tested new record-highs, closing up 1.1% at 109,781 on Monday. Total trading volume in the market was at TRY 6.6bn. Today, market participants 109.781 will follow TurkStat’s June industrial production release; there are no other 10.000 110.000 108.545 major data announcements. Asian markets have seen mixed trading this 8.000 morning, and the European stock markets are expected to open slightly 107.154 108.000 106.525 down. We expect the BIST to maintain its uptrend in parallel to rising global 6.000 106.147 risk appetite, although we caution that the likelihood of profit taking rises 106.000 after swift upsurges. We expect the BIST to open positively today, refresh- 4.000 4.912 4.958 ing its new record highs. RESISTANCE: 110,000 /111,200 SUP- 5.418 104.000 4.667 2.000 4.667 PORT: 109,100/108,600. 0 102.000 1-Aug 2-Aug 3-Aug 4-Aug 7-Aug Money Market: The Lira was positive yesterday, gaining 0.14% against the USD to close at 3.5295. Additionally, the currency depreciated by 0.07% against the basket composed of $0.50 and €0.50.
    [Show full text]
  • Premailer Middle East 2021
    Bonds, Loans Shangri-La Bosphorus, Istanbul & Sukuk Turkey 2021 Turkey’s largest capital markets event www.bondsloansturkey.com 93% 50+ 20% 250+ DIRECTOR LEVEL OR ABOVE REGIONAL & INTERNATIONAL SOVEREIGN, CORPORATE & INDUSTRY EXPERT SPEAKERS BANKS ATTENDED FI BORROWERS Bonds, Loans & Sukuk Turkey has become the meeting point of all important players in finance through the correct mix of its participants, and its reliability with continuity of successful organisations in the last consecutive years Selahattin BİLGEN, IGA Airport PLATINUM SPONSOR GOLD SPONSOR BRONZE SPONSORS WELCOME TO THE ANNUAL MEETING PLACE FOR TURKEY’S FINANCE PROFESSIONALS Bonds, Loans & Sukuk Turkey is the country’s largest capital markets event. It is the only event to combine discussions across the Bond, Loans and Sukuk markets, making it a “must attend” event for the country’s leading CEOs, CFOs and Treasurers. With over 65% of the audience representing issuers and borrowers and over 93% being director level or above, it is the place where live deals are discussed and mandates are won each year. As a speaker, I had a dynamic discussion which was a great experience. Overall, the organisation was great and attracted an invaluable list of attendees. Orhan Kaya, ICBC Turkey SAVE YOURSELF SHOWCASE YOUR INCREASE TIME AND MONEY EXPERTISE IN THE REGION AWARENESS get the attendee list 2 weeks by presenting a case study by taking an exhibition space before the event so you can to a room full of potential and demonstrating your pre-arrange meetings. clients. products and services. WIN MORE INCREASE YOUR BUSINESS BRANDS PRESENCE packages include a number through the numerous of staff passes so you can branding opportunities cover more clients.
    [Show full text]
  • 2Q 2015, Representing 21% of the BIST 100
    ABOUT GARANTI STOCK ‘GARAN’ With an actual free float ratio of ~50%, Garanti shares constituted 20% of all foreign transactions in BIST 100 and 40% of all listed banks in 1H 2015. US$ 13.1 Billion Market Capitalization constitutes 7% of the BIST 100* Watch US$ 6.5 Billion Highest floating market capitalization in the BIST* US$ 332 Million Average daily turnover in 2Q 2015, representing 21% of the BIST 100 US$ 19.3 Billion Total 6M 2015 foreign transactions in GARAN The most traded stock by foreigners 2Q 2015 INVESTOR RELATIONS Stock ~ 10% Highest weight in the BIST 100 Note: Currency conversion is based on US$/TL CBRT ask rate. * As of June 30, 2015 GARANTI FINANCIAL HIGHLIGHTS Garanti Market Shares* Jun-15 QoQ ∆ In the first half of 2015, Garanti Total Performing Loans 11.8% reached consolidated total TL Loans 10.8% asset of US$ 99.9 billion and FC Loans 14.1% Credit Cards - Issuing (Cumulative) 19.1% consolidated net profit of Credit Cards - Acquiring (Cumulative) 20.4% US$ 777.7 million. Consumer Loans** 14.0% Total Customer Deposits 11.4% TL Customer Deposits 9.3% FC Customer Deposits 14.1% SELECTED FINANCIALS* Customer Demand Deposits 13.5% Mutual Funds 11.0% Total Assets Total Performing Loans * Figures are based on bank-only financials for fair comparison with sector. Sector US$ 99.9 Billion US$ 60.0 Billion figures are based on BRSA weekly data for commercial banks only. ** Including consumer credit cards and other Total Deposits Shareholders’ Equity Garanti with Numbers* US$ 54.7 Billion US$ 10.5 Billion Dec-14 Mar-15 Jun-15
    [Show full text]
  • WOOD's Winter in Prague
    emerging europe conference WOOD’s Winter in Prague Tuesday 5 December to Friday 8 December 2017 Please join us for our flagship event - now in its6th year - spanning 4 jam-packed days. We expect to host over 160 companies representing more than 15 countries. Click here & For more information please contact your WOOD sales representative: Tuesday: Energy, Industrials and Materials Register Warsaw +48 222 22 1530 Wednesday: TMT and Utilities Now! Prague +420 222 096 453 Thursday: Consumer, Healthcare and Real Estate London +44 20 3530 7685 Friday: Diversified and Financials [email protected] Invited Companies by country Bolded confirmed Austria Hungary Kruk LUKOIL Aygaz AT & S ANY LPP Luxoft BIM Atrium Budapest Stock Exchange Mabion M.video Bizim Toptan BUWOG Gedeon Richter mBank Magnit Brisa DO&CO Graphisoft Park Medicalgorithmics MMK Cimsa Erste Group Bank MOL Group Orange Polska Moscow Exchange Coca-Cola Icecek Immofinanz OTP Bank Pfleiderer Group Mostotrest Dogus Otomotiv OMV Waberer’s PGE MTS Erdemir PORR Wizz Air PGNiG NLMK Garanti Raiffeisen Bank Iraq PKN Orlen Norilsk Nickel Halkbank Strabag DNO PKO BP NovaTek Is REIT Telekom Austria Genel Energy PKP Cargo O’KEY Isbank Uniqa Kazakhstan PLAY PIK Kardemir Vienna Insurance Group KMG EP Prime Car Management Polymetal International Koc Holding Warimpex Nostrum Oil & Gas PZU Polyus Lokman Hekim Croatia Steppe Cement Synthos Raven Russia Migros Ticaret Podravka Lithuania Tauron Rosneft Otokar Czech Republic Siauliu Bankas Warsaw Stock Exchange Rostelecom Pegasus Airlines CEZ Poland
    [Show full text]
  • Turkey's Largest Capital Markets Event
    Book your place before 5th September to SAVE £200 enter code DM1 at www.BondsLoansTurkey.com Turkey’s largest capital markets event Platinum Sponsors Gold Sponsors Lunch Sponsor Silver Sponsor Bronze Sponsors WELCOME TO Bonds, Loans & Sukuk Turkey 2018 REASONS TO ATTEND 1 Hear global investors’ analysis of the opportunities in the market from: BlueBay, Barings, Manulife 2 Gain an economist’s assessment of Turkey’s macroeconomic fundamentals: Find out which external factors are likely to impact Turkey over the next 2 years 520+ 3 Discover how issuers are hedging against FX volatility, attendees and what companies are doing with existing hard 95% currency debt Director level 4 Uncover which markets offer borrowers and issuers or above the best options, hear from: Medical Park, Vakıf Emeklilik, Bank ABC, HSBC and Emirates NBD 5 Network with 520+ senior stakeholders from the Turkish Capital Markets: 95% are Director level or above 63% Corporate & Bonds, Loans & Sukuk Turkey is a fantastic event where I can see many financial institutions and colleagues from all over the world. It also FI Issuers and provides a useful market update, covering the latest developments in the Borrowers, Turkish Capital Markets. 70+ Muzaffer Aksoy, Bank ABC Investors and speakers 2 Government Senior Level Speakers include Semih Ergür, Naz Masraff, Timothy Ash, Murat Ucer, Chief Executive Officer, Director of Europe, Senior EM Sovereign Strategist, Economist, IC Holding Eurasia Group BlueBay Asset Management GlobalSource Partners Burcu Ozturk, Burcu Geris Richard
    [Show full text]
  • PEGASUS AIRLINES Underperform (Prev
    EARNINGS REVIEW Equity TURKEY / AVIATION Research 9 November 2015 PEGASUS AIRLINES Underperform (prev. Underperform) Lower CASK was not enough to offset hedge losses Stock Data 09 November 2015 Net income came in lower than expectations. Pegasus Airlines announced TRY 234mn net profit in its 3Q15 financials, lower than Current price TRY19.5 the consensus’ of TRY 256mn and our estimate of TRY 293mn. Target price TRY18.2 DPS TRY0.0 Enjoyed better than expected margin expansion. Top-line of TRY 1,320mn in 3Q15 is broadly in line with the market consensus Total return -7% of TRY 1,333mn but c.5% lower than our estimate of TRY 1,381mn. Current Mcap TRY1,994 mn/US$683mn There is a slowdown in the pace of contraction in passenger revenue Bloomberg Ticker PGSUS TI yields in EUR terms but not enough to prevent the company from Number of outstanding shares (mn) 102 registering 4% y/y lower RASK. The company lowered its CASK by High / Low Price Range (12M) 34.95/17.10 8% in EUR terms driven mainly by lower fuel cost as ex-fuel CASK 3-m Average Daily Turnover ($ mn) 13.0 was up 6% y/y in 3Q15. .Since CASK drops higher than RASK, the company experienced a 432bps y/y EBITDAR margin expansion. Price Performance (%) 1M 3M 6M YtD Return 1.3 -17.1 -22.8 -41.2 Higher financial expenses. Although the company’s headline Relative to BIST100 -2.0 -21.6 -19.5 -38.5 operating margins came in better than expectations, sizeable hedge losses amounting to TRY 87mn below the EBIT line resulted in less 60.00 than expected bottom-line reading.
    [Show full text]
  • Istanbul Jewelry School Spreads to the World Behold the Jewels, from the Ancient Lands, Where Civilisations Flourished, Gifts Crafted by the Artisanship of Ages
    YOUR COMPLIMENTARY COPY BRIEFING Turkey aims to export $190B in 2020 INDEPT Turkish Jewelry all over the Word INTERVIEW Deva CEO TheTurkish Philipp Haas PerspectiveFEBRUARY 2020 ISSUE 79 ECONOMY I BUSINESS I FOREIGN TRADE I ANALYSIS Istanbul Jewelry School Spreads to the World Behold the jewels, from the ancient lands, where civilisations flourished, gifts crafted by the artisanship of ages. It is the historical and cultural heritage that these rare accesories bear, that makes you feel special when you touch, put them on or wear them, rather than their monetary value. The Turkish Perspective TheTurkish Perspective Contents FEBRUARY 2020 ISSUE 79 Snow Globe of the World: 42Turkey Mckinsey: Artificial Intelligence The Power Symbol Turkey’s innovation ecosystem 14 to create 3.1 million jobs in 28 of Turkey: Jewelry 46 grows above the EU average Turkey 2019 exports reach to record Kamar: Our exports totaled 7.2 16 level of 180.5 billion dollars 30 billion dollars in 2019 THY awarded as Turkey’s A Master of Murassa: 20 top service exporter 35 Hrac Aslanyan Franchise sector to create an FDI Spotlight in Turkey Turkey’s Car Introduced 48 ecosystem of 50 billion dollars 22 38 in 2020 Foreign investors generated 64 Turkey eyes 120 billion USD Gastronomical reflection of 26 percent of Turkish M&A market 40 from tourism 54 Turkish Culture deal volume Mediterranean Cuisine FEBRUARY 2020 ISSUE 79 3 TheTurkish Perspective FEBRUARY 2020 ISSUE 79 THE TURKISH PERSPECTIVE RENEWED Management Publisher On Behalf Of Turkish Exporters Assembly Chairman Of The Turkish Exporters Assembly The Turkish Perspective continues publishing İsmail GÜLLE Strategic Partner with its renewed content in 2020.
    [Show full text]