Istanbul has moved up 15 places to 64 on edition 28 of the Global Financial Centres Index published in March 2020. Istanbul was previously on place 79 in the 27th edition prepared in March 2020. In this September 2020 edition, Istanbul’s overall rating was 595 points. The index covers a total of 111 financial centres.
The GFCI provides evaluations of competitiveness and rankings for the major financial centres around the world. It is produced through the collaboration between the China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London. The GFCI is updated every March and September and receives considerable attention from the global financial community. The index serves as a valuable reference for policy and investment decisions.
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