05 January 2009 – Wall Street started 2009 on a positive note last Friday as investors hope for a recovery after hitting historically low levels in 2008.
Bankpozitif is rated by Fitch International Rating Agency with the highest possible rating.Fitch Ratings has assigned Bankpozitif’s ratings as; foreign currency Issuer Default Rating ("IDR") 'BB', local currency IDR 'BB+', National Long-term rating 'AA(tur)'. The Outlooks for the foreign and local currency IDRs are Positive and the Outlook for the National rating is Stable.These ratings are the ceiling for banks in Turkey, one notch above country rating level. It can be seen that; since the outlooks for ratings are positive, if the rating of Turkey increases, the rating of Bankpozitif will also increase.These ratings reflect an independent confirmation of the bank's sound asset quality and growth strategy and these ratings are an indicator of contribution of our Bank to Turkish Banking sector and economy.BankPozitif Kredi ve Kalkinma Bankasi A.S. (subsidiary of Bank Hapoalim B.M.), has closed the very first Syndicated Loan deal of the year in the Turkish banking sector. The facility was launched with USD 75 mio through the MLAs BayernLB, HVB, Wachovia Bank NA, Commerzbank AG, RZB and Garanti International.
-Gold regains strength, takes aim at $800 an ounce
-Cost cuts boost British Airways H1 profit 26 pct
-Rice promises Ankara "effective" action on PKK
-Halkbank’s 75% of the shares will be privatized via “block sale”
26 November 2008- On friday and monday, Turkish markets rebounded strongly amid global optimism reinforced by Citibank bailout, new economic programs intending to revive the economy in US and UK in addition to news flow confirming that Turkey is getting closer to IMF agreement. Yesterday a new liquidity program by FED to support consumer finance was influeantial in 3rd days of rise in US markets.
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