4/23/12 BANK CREDITS KYUVEYT TURK RUSSIANS AND MORE.

The Bank Kuveyt Turk started lending to foreign nationals, including citizens of the Russian Federation, for the purchase of residential property. Over the past three years, Russian citizens successfully made out loans in the Garanti Bank, Deniz Bank, etc. The mortgage of properties which are acquired by foreigners is in particular. Bank Kuveyt Turk offers very favourable conditions for credit: 8% per annum and payment of 60% of the chosen object. Additionally, it is possible to mortgage objects which are under construction, if 70% of the construction is on readiness stage.

Important news

All news

Life in Turkey

Possible reopening of previously closed areas in Alanya for residence permits.

The Turkish Statistical Institute (TÜİK) has sent an official request to the Directorate General of Migration Management to obtain up-to-date information about the closed areas in Alanya.

Gold is breaking records again: the price per ounce has reached $3500.

On April 22, 2025, the price of gold on the global market reached a new historical high of $3500 per ounce. This marked a clear signal amid growing anxiety in the global economy and increased demand for safe-haven assets.

New Airport Terminals Opened in Antalya: Capacity Doubled!

These changes are aimed at enhancing service quality and meeting the growing number of tourists and international flights, especially during the summer season.

Forbes Publishes Updated List of the World's Richest People: Elon Musk Tops the Rankings Again

Forbes magazine has released its new list of billionaires, with the number of billionaires surpassing 3000 for the first time. The leaders of the list are well-known business tycoons and tech giants, including Elon Musk, Mark Zuckerberg, and Jeff Bezos.