Tuesday, November 18, 2008

Garanti, Akbank of Turkey Curb Borrowing Amid Credit Crisis

"Garanti, Akbank of Turkey Curb Borrowing Amid Credit Crisis

By Seda Sezer and Mark Bentley

Nov. 18 (Bloomberg) -- Turkish banks Turkiye Garanti Bankasi AS and Akbank TAS are curbing borrowing plans as foreign lenders charge higher interest rates on syndicated loans."

More:Bloomberg.com: Worldwide