Conexio consulting

EBRD investments in Turkey reached 1,63 billion Euros in 2022

More than half of the European Bank for Reconstruction and Development’s (EBRD) investments in Turkey last year consisted of projects supporting green transformation. Turkey became the country in which the European Bank for Reconstruction and Development (EBRD) invested the most on an annual basis with 1.63 billion euros in 2022. The EBRD has announced details […]

10 ‘economic steps’ in seven months in Turkey

economic steps turkey

Before the presidential and general elections, which are expected to be held in June 2023, the government aims to influence the electorate with its successive moves. Since May, 10 economic steps, described as the “election economy”, have been taken. Low interest loan for first time home buyers After the exorbitant increases in house prices, President […]

Tourism professionals expect a record in the number of tourists and income in 2023

TÜRSAB Chairman of the Board of Directors Firuz Bağlıkaya said that in the 100th anniversary of the establishment of the Republic of Turkey, the highest number of tourists and the highest income in history will be reached. Baglikaya stated that TÜRSAB, which is celebrating its 50th anniversary this year, is in the position of Turkey’s […]

The CBRT has made open banking transactions available in Turkey via its website

Open Banking (Open Banking) is a system based on application programming interface (API) and aims to share financial information necessary for the development of financial products and services. Unlike traditional central management of financial data, it relies on a technological network of different financial institutions, enabling them to exchange information more efficiently. In other words, […]

Climate scorecard of banks in Turkey announced

Publishing the report “The Approach of Banks in Turkey to Climate Change”, 350 for Climate called on banks not to provide financing for fossil fuel investments, especially coal.The Banks’ Approach to Climate Change report evaluates Turkey’s 17 largest banks in five criteria related to climate change: Fossil fuel assets/investments, Clean energy investments, “Net Zero”, Carbon […]

Startups received $97 million investment in the third quarter

tartup Centrum Turkey announced its 3rd quarter data on the Startup Ecosystem. According to the data announced, in the third quarter of 2022, 74 startups received $97 million investment from 202 investors in the startup ecosystem of Turkey. With this quarter, 232 domestic enterprises have collected 1.49 billion dollars of investment so far in 2022. […]

Turkish Octovan receives a 11.5 million TL investment

  According to current data, while it is known that a total of $1.27 billion investment agreements were made in the first quarter of 2022, domestic entrepreneurs managed to stand out from the competition with world-class technology and business models. The latest news on this issue came from Octovan, which was established in 2017 to […]