Why Do Foreign Banks Invest In Turkey?

Ahmet Faruk Aysan () and Sanli Pinar Ceyhan ()

MPRA Paper from University Library of Munich, Germany

Abstract: Sound macroeconomic policies, increasing global liquidity and higher real returns in developing countries played an important role in canalizing capital towards developing markets. Recent improvement in the developing Turkish economy brought the issue of foreign entry to the foreground. High growth potential backed by an increasing population, falling inflation rates and the birth of the mortgage sector made Turkey an ideal place to expand into. This article is not concerned about whether foreign entry is good nor does it discuss the subsequent effects. Rather, it attempts exclusively to shed light on the motivations behind entry to Turkey utilizing recent entry cases.

Keywords: Globalization of Banking; Turkish Banking Industry; Foreign Bank Entry (search for similar items in EconPapers)
JEL-codes: F20 F36 G21 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://mpra.ub.uni-muenchen.de/5491/ original version (application/pdf)

Related works:
Working Paper: Why Do Foreign Banks Invest in Turkey? (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:5491

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany
Address: Schackstr. 4, D-80539 Munich, Germany
Contact information at EDIRC.
Series data maintained by Ekkehart Schlicht ().