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Turkish Regulator Expands Scope of Retail Loan Restructuring

Turkish Regulator Expands Scope of Retail Loan Restructuring

Bloomberg12-07-2025
Turkey's banking regulator allowed more citizens to restructure debt as tight monetary policy hurts low-income households dependent on card spending.
Retail credit card debt and consumer loans may be restructured with a period of as long as 48 months, the Banking Regulation and Supervision Agency said in a statement late Friday. Citizens who failed to make periodic payments toward their card debt and those unable to repay the principal or interest on consumer loans can benefit from debt restructuring. People who previously have restructured debt are also eligible, according to the statement.
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Mackage's Latest 'Protect Your Craft' Campaign Stars Dominik Livaković
Mackage's Latest 'Protect Your Craft' Campaign Stars Dominik Livaković

Forbes

time4 hours ago

  • Forbes

Mackage's Latest 'Protect Your Craft' Campaign Stars Dominik Livaković

Soccer player Dominik Livaković stars in the new "Protect Your Craft" campaign from Mackage. Mackage is on the move. The 1999 Canadian-founded brand—initially known for its wool and leather-accented cold-weather outerwear and now a leader in down-filled products—has expanded its market share by offering year-round styles with a focus on design, additional distribution regions, and a pronounced marketing strategy over the past four years. It is due in part to CEO Tanya Golesic, who joined Mackage in 2021 as its first female leader to help expand the outerwear brand into a luxury lifestyle juggernaut. This month, the brand has released the latest star of its "Protect Your Craft" campaign, featuring world-renowned goalkeeper Dominik Livaković, who plays for the Croatian National Team and the Turkish Süper Lig team Fenerbahçe SK. 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Lira Hits Rock Bottom After Shock Rate Cut -- Is the Carry Trade Party Over?
Lira Hits Rock Bottom After Shock Rate Cut -- Is the Carry Trade Party Over?

Yahoo

time5 hours ago

  • Yahoo

Lira Hits Rock Bottom After Shock Rate Cut -- Is the Carry Trade Party Over?

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