Turkish central bank moves to boost profits of state banks - Reuters

Turkish central bank moves to boost profits of state banks
Nevzat Devranoglu, Ezgi Erkoyun

ANKARA/ISTANBUL, Aug 20 (Reuters) - A central bank decision that banks with higher loan growth can hold lower reserves will boost profits at Turkish state banks and encourage private banks to follow suit with increased lending, analysts say.

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Flash floods washed through Istanbul this weekend—and it was madness! | Condé Nast Traveller India | Earth Matters

Flash floods washed through Istanbul this weekend—and it was madness!

Streets turned to rivers, Bazaars were flooded as the city got a month’s worth of rain in just three hours

More:Flash floods washed through Istanbul this weekend—and it was madness! | Condé Nast Traveller India | Earth Matters