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CUMHURİYETİN İLK YILLARINDA BİR YEREL BANKA TEŞEBBÜSÜ: DİYARBAKIR BANKASI (1930-1939).

Authors :
ÖZER, M. Halis
Source :
Electronic Journal of Social Sciences. 2012, Vol. 11 Issue 42, p382-392. 11p.
Publication Year :
2012

Abstract

Internal and external sources, particularly after the year 1925 export season was not enough to meet the increasing demand for money. Contraction occurring after the year 1927 the money supply in the domestic market, the demand for Money and credit did not met the demand. Decline in the money supply has increased interest rates. This situation has raised rates in the existing national and local banks' profitability. In order to meet the market demand for heavy money and credit in order to obtain higher profits and capital of small local merchant banks, called the local bank was opened. Bank of Diyarbakir, in the country for similar reasons was founded by Mr. Hasan Rasid and his friends in 9 november 1930. Banking activities began in 1931. TL. 75.000 to be paid ten percent of initial capital. Bank of Diyarbakir, had important functions performed by invesment banking activities formed new commercial organizations, partly contributed to the economic development of Diyarbakir. The purpose of this study is to explainthe reasons for the foundation of the Bank of of Diyarbakir, its founders, the annual balance sheets, profit and loss accounts, banking activities and the possible contribution of these activities is to reveal the local economy. This study is based on archival resarch and documentation with the bank resulting from the first study on this subject. [ABSTRACT FROM AUTHOR]

Details

Language :
Turkish
ISSN :
13040278
Volume :
11
Issue :
42
Database :
Academic Search Index
Journal :
Electronic Journal of Social Sciences
Publication Type :
Academic Journal
Accession number :
83233377