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Saturday, June 18, 2011

Turkey Seeks to Curb Consumer Lending by Introducing Higher Provisioning - Bloomberg

"Turkey Seeks to Curb Consumer Lending by Introducing Higher Provisioning
By Ali Berat Meric and Steve Bryant - Jun 18, 2011 8:43 AM ET

Turkey’s banking regulator increased costs for banks that exceed a new limit for consumer lending, the latest in a series of steps designed to slow loan growth and rein in a booming economy. "

More:Turkey Seeks to Curb Consumer Lending by Introducing Higher Provisioning - Bloomberg