Thursday, December 22, 2011

UPDATE 1-Turkey's Vakifbank sees sector loan growth slowing in 2012 | Reuters

UPDATE 1-Turkey's Vakifbank sees sector loan growth slowing in 2012

Thu Dec 22, 2011 6:58am EST

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Dec 22 (Reuters) - Growth in assets and loans in Turkey's banking sector will slow down and bank profits may decline in 2012, largely due to measures taken by the central bank, state-run lender Vakifbank's Chief Executive Officer Suleyman Kalkan said on Thursday.

More:UPDATE 1-Turkey's Vakifbank sees sector loan growth slowing in 2012 | Reuters