"Moody's new rating for Turkish banks: Medium-term stable to positive outlook
EkoTürk News Agency / Ankara
26 July 2006
The medium-term stable to positive outlook for Turkey's banking system reflects the banks' developing franchises and strong financial metrics, says Moody's Investors Service in its new Banking System Outlook for Turkey. The report also takes into consideration financial markets turbulence that could disrupt projected franchise development and hurt short-term financial performance, depending on its severity and duration. "
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