Turkey’s banks in equity market rally
EBRD helps to plug funding gap
It’s a measure of the relative sophistication and global appeal of the Turkish equity market that it was the first in central and eastern Europe to spawn exchange traded funds, a trend that shows no sign of abating. In April the clear market leader in the ETF field in Turkey, Finans Asset Management, launched its latest product, the Finansbank ISE-30. Based on the Istanbul Stock Exchange’s (ISE) benchmark ISE National-30 index, the ETF is designed to give investors convenient, low-cost exposure to the...
