Caution over Turkish revival despite Yapi Kredi block

Sam Kerr

February 06, 2020 12:30 pm

A view of Yapi Kredi branch (Yapi Ve Kredi Bankasi A.S.) one of the leading commercial and retail banks in Turkey, seen on ?stiklal Street in Beyoglu district of Istanbul. On Tuesday, 17 October 2017, in Istanbul, Turkey. (Photo by Artur Widak/NurPhoto) | NurPhoto/NurPhoto/PA Images

Investors warmly welcomed a TL2.6bn ($440m) block trade in Turkish bank Yapi Kredi on Wednesday night. But market participants are yet to be convinced that the country’s equity capital markets are fully reopened.

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Topics

Central and Eastern Europe (CEE)Turkey Equity ABBs-Block Trades Europe Emerging Markets CEE Equity EMEA CEE

SK

Sam Kerr