Thematic Reports/ Strategy Notes
The experts of Tacirler Investment interpret the markets in all details on a daily basis and share their expert opinions and knowledge with Tacirler stakeholders through the web portal tacirleryatirim.com. You can read the prepared newsletters through this website by logging in as a user, or you can regularly receive e-mail notifications into your inbox to follow up the markets closely.
Strategy Note - 2025 2H Outlook 09.07.2025
At the beginning of 2025, in Türkiye, we anticipated an easing of domestic interest rates, an acceleration of growth and an improvement in financials. At present, CBRT policy rate is approximately 1,000 basis points higher than expected. Risks of a loss of growth momentum have increased, and the financial sector has experienced significant pressure in the first half of the year. On the external front, just a few...
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Strategy Note - Banks 30.12.2024
According to BRSA November data, the improvement in net interest margins in the banking sector in September and October continued in November. Despite the continued loan demand and the improvement in the loan/deposit ratio, we observe that the loan-deposit interest rate spread fell to the lowest levels of the year due to the decline in loan...
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Strategy Note - 2025 Outlook 24.12.2024
2025 Outlook - Another Year of Riddles We begin 2025 under the shadow of numerous uncertainties. The policies to be implemented during the Trump 2.0 era in the US and their global impacts are expected to leave a significant mark on the year. In Turkey, key macroeconomic developments such as the monetary policies of the Central Bank of Turkey, growth performance, management of external financing needs, and...
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