Munich Personal RePEc Archive

Why Do Foreign Banks Invest In Turkey?

Aysan, Ahmet Faruk and Ceyhan, Sanli Pinar (2006): Why Do Foreign Banks Invest In Turkey?

[img]
Preview
PDF
MPRA_paper_5491.pdf

Download (280kB) | Preview

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.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.