THE EFFECT OF THE GLOBALIZATION OF TURKISH BANKING SECTOR WITH FOREIGN CAPITAL INVESTMENTS ON FINANCIAL RATIOS
Starting right after the emergence of trading, the globalization process has since increased its scope and impact every day. As such, financial systems have been the most effective and intensive development vertical in the globalization process. With it, foreign bank investment has accelerated, and,...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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İstanbul Aydin University
2019-04-01
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| Series: | İstanbul Aydın Üniversitesi Dergisi |
| Subjects: | |
| Online Access: | http://iaud.aydin.edu.tr/wp-content/uploads/2019/03/iaud_v11i2002.pdf |
| Summary: | Starting right after the emergence of trading, the globalization process has since increased its scope and impact every day. As such, financial systems have been the most effective and intensive development vertical in the globalization process. With it, foreign bank investment has accelerated, and, Turkey is still affected by this process where many foreign investment banks continue to be
readily involved. As in many other countries in the world, foreign banks in Turkey enter the local (Turkish) domain, either by setting up new entities or by purchasing existing ones readily available in the market. These investments affect “Turkish Banking” sector in a plethora of ways. Some of these effects are negative while others are positive. In the proposed work, focusing on the banks with active deposits in local domain (Turkey), the banking sector as well as the
financial ratios of foreign banks in Turkey are mutually examined. An extensive analysis has been made by including and excluding foreign-owned banks, where the average effect was analyzed on the exchange ratio of the financial sector. |
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| ISSN: | 1309-1352 2149-0074 |