"Turkey Interest Rates to Fall After Vote, Akbank Says
By Ben Holland
June 28 (Bloomberg) -- Turkish interest rates may fall as next month's general election restores political stability to an economy bigger than two-thirds of European Union members, Akbank TAS's managing director said.
The July 22 vote should bring down borrowing costs provided the new government can end a dispute over the presidency that's kept rates high, Suzan Sabanci Dincer, 42, said in an interview at Akbank's Istanbul headquarters. That could revive a credit boom that's attracted Citigroup Inc. and ING Groep NV to the nation of 72 million."
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