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Wednesday, January 25, 2006

Turkish Bank Outlook Still Strong -JP Morgan | newratings.com

"Turkish Bank Outlook Still Strong -JP Morgan

Wednesday, January 25, 2006 3:57:07 AM ET
Dow Jones Newswires

0733 GMT [Dow Jones] The outlook for Turkish banks remains strong, JP Morgan says. Sector catalysts remain in place, including strong volume and cross-selling driven revenue momentum, boosted by the dynamic expansion of the banks' retail banking business, new supportive legislation, and ongoing sector consolidation. Prefers Akbank (AKBNK.IS), Finansbank (FINBN.IS), and Vakifbank (VAKFN.IS). Has them all at overweight. (AST)"

Turkish Bank Outlook Still Strong -JP Morgan | newratings.com