PREVIOUS DEVELOPMENTS AND THE CURRENT SITUATION IN THE TURKISH BANKING SECTOR, FOREIGN ENTRY AND ITS REFLECTIONS ON THE NATIONAL BANKING INDUSTRY

Aytac GOKMEN; A. Bugra HAMSIOGLU

Makale detayları

PREVIOUS DEVELOPMENTS AND THE CURRENT SITUATION IN THE TURKISH BANKING SECTOR, FOREIGN ENTRY AND ITS REFLECTIONS ON THE NATIONAL BANKING INDUSTRY

Yazarlar:

Aytac GOKMEN | A. Bugra HAMSIOGLU

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Economics and Finance Studies 2009 Vol.1 Issue 1, pp.47-58

Belge Tipi:

Makale

Yayın Tarihi:

5/2009

Belge Dili:

Türkçe

Document ID (Org No.):

2000811356

Sıklık:

İki Yıllık

eISSN:

1309-8055

Özet:

 

The banking industry possesses a unique property that is unlike to other sectors with respect to  supplying liquidity and financial strength for the economy and transaction operations However,  despite their significance, banking industries in the world are subject to various crises and foreign  interventions that could affect the financial industry negatively. This study describes the  background of the Turkish Banking Sector, explains the reasons for the three major crises it was  subjected to in 1994, 2001 and 2002 that resulted from numerous factors such as insufficient  implementation of regulations, inadequate depth of the capital markets, lack of assessment of risk,  inadequate managerial applications and excessive lending to incorporated institutions. The study  also dwells on the restructuring process that has been continuing for more than two decades,  reasons of foreign entry to the Turkish Banking Industry, as well as explains the reflections of  foreign entry on the national banking industry depending on various comprehensive and credible  national and international publications.

Makale detayları

PREVIOUS DEVELOPMENTS AND THE CURRENT SITUATION IN THE TURKISH BANKING SECTOR, FOREIGN ENTRY AND ITS REFLECTIONS ON THE NATIONAL BANKING INDUSTRY

Yazarlar: Aytac GOKMEN | A. Bugra HAMSIOGLU

Yayıncı: Sosyal Bilimler Araştırmaları Derneği

Dergi: International Journal of Economics and Finance Studies 2009 Vol.1 Issue 1, pp.47-58

Belge Tipi: Makale

Yayın Tarihi: 5/2009

Belge Dili: Türkçe

Document ID (Org No.): 2000811356

Sıklık: İki Yıllık

eISSN: 1309-8055

Sayı

Yazarlar:

Aytac GOKMEN | A. Bugra HAMSIOGLU

Yayıncı:

Sosyal Bilimler Araştırmaları Derneği

Dergi:

International Journal of Economics and Finance Studies 2009 Vol.1 Issue 1, pp.47-58

Belge Tipi:

Makale

Yayın Tarihi:

5/2009

Belge Dili:

Türkçe

Document ID (Org No.):

2000811356

Sıklık:

İki Yıllık

eISSN:

1309-8055