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Why Do Foreign Banks Invest In Turkey?

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Author Info
Aysan, Ahmet Faruk
Ceyhan, Sanli Pinar

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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.

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File URL: http://mpra.ub.uni-muenchen.de/5491/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5491.

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Date of creation: 2006
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Handle: RePEc:pra:mprapa:5491

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Related research
Keywords: Globalization of Banking; Turkish Banking Industry; Foreign Bank Entry;

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Find related papers by JEL classification:
F20 - International Economics - - International Factor Movements and International Business - - - General
F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

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  1. Abbasoğlu, Osman Furkan & Aysan, Ahmet Faruk & Gunes, Ali, 2007. "Concentration, Competition, Efficiency and Profitability of the Turkish Banking Sector in the Post-Crises Period," MPRA Paper 5494, University Library of Munich, Germany. [Downloadable!]
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  2. Akin , Guzin Gulsun & Aysan, Ahmet Faruk & Yildiran , Levent, 2008. "Transformation of the Turkish Financial Sector in the Aftermath of the 2001 Crisis," MPRA Paper 17766, University Library of Munich, Germany. [Downloadable!]
  3. Aysan, Ahmet Faruk & Ceyhan, Sanli Pinar, 2007. "What Determines the Banking Sector Performance in Globalized Financial Markets: The Case of Turkey?," MPRA Paper 5495, University Library of Munich, Germany. [Downloadable!]
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