Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Turkish Islamic Banks Gave Mostly Construction Loans

Turkey’s Islamic banks gave most loans to construction companies and will continue lending to Turkish firms this year, Sabah reported.

The industry awarded 14.8 billion liras ($8 billion) of loans to constructors as of November, 6.5 billion liras to trade and retail companies and 3.8 billion liras to textile firms, the Istanbul-based newspaper said citing Fahrettin Yahsi, chief executive of Albaraka Turk Katilim Bankasi AS and head of an association representing the banks.

Islamic banks increased their lending by about 20 percent last year, Yahsi said. Total loans, including personal loans, were 38 billion liras at the end of November, he said. The banks are committed to lending money without changing the loan’s terms before maturity, Yahsi said.

Click here for web link

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.