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Last Update

2001-06-30T00:00:00.000Z

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Background Information

Employment History

Executive Vice President

Yapi Kredi Bank

Chief Economist

Yapi Kredi Bank

Vice President

Bank of Turkey

Assistant General Manager

Yapi Kredi Bankasi

Web References (6 Total References)


IHT: Crisis Signals Shift In Direction for Banks

www.iht.com [cached]

Hasan Ersel, chief economist with Yapi Kredi Bank, expects consolidation throughout the sector.‘‘I don't think Turkey can carry on with 50 to 60 national banks that do not get the benefits of economies of scale," he says.The recession adds to the pressure for restructuring.‘‘The banks are reluctant to extend loans to business because of fears of nonperforming loans," he says.‘‘It's going to be a testing year.' For Related Topics See: Sponsored Section< < Back to Start of Article Banking / Rehabilitation Turkey's recent economic crisis has been a watershed for the financial sector.

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Hasan Ersel, chief economist with Yapi Kredi Bank, expects consolidation throughout the sector.‘‘I don't think Turkey can carry on with 50 to 60 national banks that do not get the benefits of economies of scale," he says.The recession adds to the pressure for restructuring.‘‘The banks are reluctant to extend loans to business because of fears of nonperforming loans," he says.‘‘It's going to be a testing year.' Banking / Rehabilitation Turkey's recent economic crisis has been a watershed for the financial sector.
...
Hasan Ersel, chief economist with Yapi Kredi Bank, expects consolidation throughout the sector.‘‘I don't think Turkey can carry on with 50 to 60 national banks that do not get the benefits of economies of scale," he says.The recession adds to the pressure for restructuring.‘‘The banks are reluctant to extend loans to business because of fears of nonperforming loans," he says.‘‘It's going to be a testing year.' Banking / Rehabilitation Turkey's recent economic crisis has been a watershed for the financial sector.
...
Hasan Ersel, chief economist with Yapi Kredi Bank, expects consolidation throughout the sector.‘‘I don't think Turkey can carry on with 50 to 60 national banks that do not get the benefits of economies of scale," he says.The recession adds to the pressure for restructuring.‘‘The banks are reluctant to extend loans to business because of fears of nonperforming loans," he says.‘‘It's going to be a testing year.'


The New Face of Turkey Index Real Player

www.exposureevents.com [cached]

---------- Mr. Hasan Ersel - Executive Vice-President, Yapi Kredi Bank


Hasan Ersel, a professor and ...

www.hri.org [cached]

Hasan Ersel, a professor and former vice-president of the Bank of Turkey, also addressed the seminar, stressing that: "When you don't know what to do, the best thing to do is to do your best", adding that in periods of crises, psychology plays a very important role.

Commenting on a crisis that hit Turkey in 2001 and 2008, he noted that Turkey managed to implement a socially-painful and politically-risky programme without large social reactions.


nta - Daily Review of Turkish Media - Thursday, December 17, 1998

www.eurasia-research.com [cached]

"The system can survive until July even under a worst-case scenario unless a serious mistake is made," Hasan Ersel, assistant general manager of Yapi Kredi Bankasi (YKBNK.IS), told a news conference.


Yapi Kredi

www.ykb.com [cached]

Fuad Aleskerov, Hasan Ersel, Reha Yolalan

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Fuad Aleskerov, Hasan Ersel, Cengiz Gundet, Reha Yolalan
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Fuad Aleskerov, Hasan Ersel, Cengiz Gundet, Ali Minibat, Reha Yolalan
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Fuad Aleskerov, Hasan Ersel, Reha Yolalan
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Fuad Aleskerov, Hasan Ersel, Reha Yolalan

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