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Saturday, August 27, 2011

Turkey Financial Industry Profit Falls $1 Billion in First Half - Bloomberg

Turkey Financial Industry Profit Falls $1 Billion in First Half

By Benjamin Harvey - Aug 27, 2011 6:30 AM ET

Turkish financial industry profit fell 1.8 billion liras ($1.03 billion) in the first six months of the year from the same period in 2010, hurt by lower interest rates, according to a report from the banking regulator.

More:Turkey Financial Industry Profit Falls $1 Billion in First Half - Bloomberg