11/9/2010

Investor confidence in Turkey back to pre-crisis levels

Hurriyet - According to a report released by Deloitte Turkey, investors’ confidence in Turkey has fully recovered to its 2007 levels. The company’s Private Equity Confidence Survey 2010 for Turkey found that 59 percent of the participants had positive expectations for the second half of the year, with some 82 percent considering acquisitions.

The Turkish banking industry’s robust structure also adds to the country’s positive outlook in the eyes of investors as Western Europe’s crisis-hit banks still struggle with a debt burden straining the recovery.
turkey; investor confidence; banking industry; turkish banking system; deloitte