"Turkey: Outsourcing in Financial Services
03 August 2006
Article by Hergüner Bilgen Özeke
Similar to the trend in other parts of the globe, the need for expertise in extremely fast developing information technology as well as cost efficiency concerns have increased the number of financial institutions in Turkey willing to outsource their financial services. Foreign investments in the Turkish banking and financial system can also be deemed as a supporting element increasing this trend. Foreign investors would like to set-up outsourcing arrangements in Turkey similar to those set up in their own countries or in other jurisdictions where they do business. "
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