Economic News

Turkey’s COVID-19 Response

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The world economy suffers due to coronavirus pandemic. Almost every country on the planet experience a decline in economic activity. The International Monetary Fund compares it with the Great Depression of The 1930s when many people lost their jobs, houses and couldn`t afford a proper meal. Change in economic indicators 1929–32   United States United […]

Economic News

OTP buys SGS Serbia

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OTP Bank signs deal to buy Société Généraleʼs Serbian unit in Serbia. Societe Generale Bank is the fourth largest bank in Serbia, with an 8.4% market share. The transaction is expected to be closed within a few months. OTP bank already owes big Serbian bank – Vojvođanska banka.