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Category Archives: Investment Ratings

Istanbul boosted by ranking in top 15 European cities for investment prospects in 2016

Istanbul has been ranked 14th in a recent report by international tax consultancy PwC and the Urban Land Institute that ranks 20 European cities by investment prospects. This is an impressive six places up from last year's listings and puts it ahead of London (15th), Edinburgh (18th), Frankfurt (20th), Brussels...

Posted on 12 February 2016

IMF predicts continued economic growth in Turkey

Turkey’s economy has grown by six per cent on average since 2010 and is set to continue growing albeit at a moderate pace, according to a report by the International Monetary Fund.An IMF team visited Turkey between September 11 and 24 and carried out its annual evaluation of the economy....

Posted on 06 October 2014

Turkey rated as a top place in the world to direct foreign investment

Turkey ranks in the top 25 countries worldwide where international business executives are likely to direct foreign investment, according to a recent independent report.The 2014 Kearney Foreign Direct Investment Confidence Index lists Turkey as 24th,  and shows an increase in confidence in the country’s investment outlook compared to 2013. The...

Posted on 23 September 2014

Agency upgrade boosts Turkey’s investment appeal, aiding its vision to be a top 10 economy

Turkey has edged closer to achieving its target of becoming one of the world’s top 10 economies by 2023, after it was awarded investment grade rating this month by Moody’s, significantly its second upgrade by one of the world’s three main credit rating agencies within the space of six months. ...

Posted on 23 May 2013

S&P Upgrades Turkish Credit Rating – Again

Turkey has received yet another upgrade as Standard and Poor upgraded its credit rating from BB to BB+ yesterday. I say yet another not because of a spectacular amount, but because of a very reasonable amount of times since the international financial crisis began; at a time when most movements...

Posted on 28 March 2013

“Istanbul is one of the most exciting and interesting cities of Europe, if not the world”

3 January 2012, Ankara  - The man who coined the phrase BRIC economies the world renowned economist and Chairman of Goldman Sachs Asset Management Mr Jim O’Neill predicts the next 10 years will see another set of emerging powers including Turkey taking over. In a recent interview O’Neill said “If...

Posted on 03 January 2012

Consensus Builds on Prediction of Investment Grade Turkey in 2011

The consensus is building around the prediction that Turkey will be upgraded to investment grade status by the ratings agencies this year. This week HSBC predicted it in a report. A report which also predicted massive GDP growth in Turkey between now and 2050, as Turkey and emerging markets like...

Posted on 12 January 2011

Investor Confidence in Turkey Back to 2007 Levels

According to the Deloitte "Private Equity Confidence Survey," or PECS, investors have the same level of confidence in Turkey as they did in 2007 before the international financial crisis first reared its ugly head. The PECS report is based on the results of a huge survey asking the views of...

Posted on 02 December 2010

Moody’s Finally Opts to do the Decent Thing on Turkish Bonds

"Moody's finally, finally opted to do the decent thing," said Tim Ash head of emerging-market research at Royal Bank of Scotland Group Plc in London, in response to the ratings agency changing the outlook on Turkey’s Ba2 local and foreign-currency government bond ratings to “positive” from “stable,”. This isn't the...

Posted on 06 October 2010