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The Effects of Mortgage Crisis |
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Mortgage Crisis of the Markets
Subprime mortgage credits granted without heeding customers’ credit record have become the nightmare not only of America but of the whole world markets. It is the demand of global markets, which suffer from high tension very often, those “permanent” solutions to this problem should be produced now.
The U.S. which is closely followed by every country in the world has been recently mentioned with reference to many issues such as, the problems in the mortgage market and signals of a slowdown in its economy. |
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REITs in Turkey face a “publicity” problem |
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REITs Sparkle in the Market Real estate investment trusts (REIT) have the dual advantage of both lowering portfolio risk and also bringing return. Indeed what makes it popular in the market is, to a great extent, these advantages. REITs in Turkey, which have a high potential for growth, face a “publicity” problem.. |
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General Manager of Finansbank Sinan Şahinbaş “Number of our branches will rise to 485” BORYAD had a look at Finansbank’s agenda for the New Year… General Manager Sinan Şahinbaş summarized the plans for 2008 as: “Increasing the number of our employees by 1,100; bringing our market share in total liquid loans up to 6.9%, in personal loans to 8%, in total deposits to 4.8%. And finally we aim to reach 9% in credit card market share which is 8% in 2007.” |
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Zorlu Holding, Chairman of the Board Ahmet Zorlu
“We will create a new era in real estate” Ahmet Zorlu, Chairman of the Board of Zorlu Holding which moves also into real estate sector after textile, energy and technology says, “You will see our success and assertiveness we showed in other fields also in real estate.” |
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