“Turkish Banks' High Dependence On Foreign-Currency Funding Likely To Restrain Credit Growth”

DHA

01.10.2015 13:10

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- International credit rating organization Moody’s urged that Turkish banks might slow their lending growth as foreign currency funding was

- International credit rating organization Moody’s urged that Turkish banks might slow their lending growth as foreign currency funding was expected to become more expensive, in a report published on Oct. 1.

Moody's report, entitled "High dependence on Foreign funding is a Significant risk for Credit growth, announced, “Turkish banks may slow their lending growth in 2015-16, as foreign currency funding will likely become more expensive”.

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