Monday, March 28, 2011

Turkish Loan Growth Accelerates, Defying Central Bank Steps

"Turkish Loan Growth Accelerates, Defying Central Bank Steps
March 28, 2011, 9:50 AM EDT

By Aydan Eksin

(Updates with analyst in fifth paragraph, bonds in seventh.)

March 28 (Bloomberg) -- Turkish loan growth accelerated in the year to March 18, even after the central bank increased reserve requirements for banks to help curb the expansion."

More:Turkish Loan Growth Accelerates, Defying Central Bank Steps - Businessweek