THE COUNTRY BRIEFING · INDEPENDENT ANALYSIS
The facts. The wider picture. A concise view of Türkiye for international investors. Read the finding, check its date, then consider what it means for your research.
Bourse Istanbul editorial desk · reviewed 18 September 2026 · Editorial standards
This is a dated research briefing, not a live feed. Historical results, forecasts and announced changes are labelled separately. The Premium Investor Pack develops the analysis with company frameworks, charts, scenarios and practical workbooks.
THE EVIDENCE, IN PERSPECTIVE · 2026-09-18
What the public record tells us. MONETARY POLICY
A steady rate. Uneven effects. The CBRT held its one-week repo rate at 37%, with overnight lending at 40% and borrowing at 35.5%.
Our perspective A policy hold leaves the company-level question open: when will debt, deposits and customer demand reprice?
Decision: 10 September 2026
CBRT interest-rate decision, 10 September 2026 ↗ Explore the full investor pack → GROWTH OUTLOOK
A forecast is a scenario, not an observation. The IMF country page lists 2.9% projected real GDP growth for Türkiye in 2026, identified as the July 2026 WEO update.
Our perspective Use the forecast as a dated baseline. Company revenue, profit and shareholder returns can follow different paths.
IMF July 2026 WEO update
IMF Türkiye country data and July 2026 GDP projection ↗ Explore the full investor pack → TRADE & EUROPE
Europe belongs in a Turkish investment thesis. The European Commission reports €217.6 billion in EU–Türkiye goods trade in 2025; the EU received 42.7% of Türkiye’s goods exports.
Our perspective European demand, the euro and supply-chain conditions matter alongside domestic policy.
Goods trade: calendar year 2025
European Commission: EU trade relations with Türkiye ↗ Explore the full investor pack → INDUSTRY & REGULATION
Carbon now belongs in the cost model. The European Commission states that CBAM entered its definitive regime on 1 January 2026, following the 2023–2025 transition.
Our perspective For exposed exporters, emissions data and customer contracts can affect competitiveness as well as compliance.
Definitive EU regime: from 1 January 2026
European Commission: Carbon Border Adjustment Mechanism ↗ Explore the full investor pack → STRUCTURAL ECONOMICS
Growth needs more than a growing workforce. The OECD’s 2025 survey identifies productivity, skills and women’s labour-force participation as central long-term growth issues.
Our perspective The investment question is whether firms can produce more value per worker and per unit of capital.
OECD Economic Survey: 2025
OECD Economic Surveys: Türkiye 2025 — executive summary ↗ Explore the full investor pack → DIRECT INVESTMENT
Capital arrives through different doors. Türkiye’s Investment Office reports approximately US$288 billion of cumulative FDI inflows during 2003–2025.
Our perspective Direct investment, acquisitions and listed-equity portfolio flows answer different questions about the country.
Investment Office: cumulative 2003–2025
Investment Office: FDI in Türkiye ↗ Explore the full investor pack → MARKET ACCESS
Check the settlement clock before trading. Borsa İstanbul’s settlement page states T+2. A separate exchange notice calls for T+1 preparations to be completed by 31 December 2026.
Our perspective A preparation deadline is not an announced live transition date. Confirm the cycle and funding deadlines with your broker.
Exchange rules checked: 18 September 2026
Borsa İstanbul: notice on preparations for T+1 settlement ↗ Borsa İstanbul: equity settlement principles ↗ Explore the full investor pack → ACCOUNTING
Comparable profits start with comparable units. The IFRS Foundation explains that IAS 29 restates financial statements into reporting-period-end purchasing-power units and separately discloses the net monetary result.
Our perspective Read the accounting basis before comparing growth, margins or valuation multiples.
IAS 29 overview checked: 18 September 2026
IFRS Foundation: IAS 29 overview ↗ Explore the full investor pack → COMPANY EVIDENCE
Akbank: earnings and capital tell different stories. Akbank’s 2025 annual report records TRY57.224 billion consolidated net profit, 21.5% return on equity and a 19.03% capital adequacy ratio.
Our perspective Profitability is a flow; regulatory capital is a buffer. Neither establishes valuation by itself.
Consolidated annual results: 2025
Akbank Integrated Annual Report 2025 ↗ Company profile → Explore the full investor pack → COMPANY EVIDENCE
BİM: more stores need productive stores. BİM reports 14,473 stores across Türkiye, Morocco and Egypt at year-end 2025.
Our perspective Store count describes scale. Like-for-like demand, store maturity and cash generation determine the quality of expansion.
Company overview: year-end 2025
BİM: corporate overview and year-end 2025 store network ↗ Company profile → Explore the full investor pack → GO FROM MARKET HEADLINES TO MARKET UNDERSTANDING
The Premium Investor Pack A 200-page investor handbook with 32 macro and FX charts, company research, practical tools and a weekly buyer newsletter.
Premium Explore the pack