Post a Comment Print Share on Facebook
Featured cold weather conditions Conservative IATA Karaca London AlFarabi Kazakh National University


Syrians deposit 1.2B Turkish liras in Turkey's banks

According to the Banking Regulation and Supervision Agency, Syrians deposited 1,199,632,000 Turkish liras in Turkish banks in the first quarter of the year. As the number of Syrians living in Turkey increases, the amount of the money Syrians deposit in Turkish banks is also increasing, the agency said. In 2012, assets of Syrians in Turkish banks totaled 311,258,000 Turkish liras; 694,369,000 Turkish liras in 2013; 733,875,000 Turkish liras in 2014 and 1,201,987,000 Turkish liras in 2015. Anadolu Agency's Financial Analyst Islam Memis said rich Syrians had converted considerable amounts of their cash to U.S. dollar following the loss in value of the Syrian lira. "Rich Syrians have converted their cash money to dollar [and] invested in either real estate or food sector. You can see restaurants and kiosks with Arabic name plates everywhere in Turkey," he added.

Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.