Friday, June 29, 2012

Turkey’s Tweak of Basel Capital Measures Helps Banks, BGC Says - Bloomberg

Turkey’s Tweak of Basel Capital Measures Helps Banks, BGC Says
By Benjamin Harvey - Jun 28, 2012 11:08 AM GMT+0300

Turkey’s fine-tuning of the Basel II capital rules limits their impact on banks, protecting Turkiye Is Bankasi (ISATR) AS, Turkiye Vakiflar Bankasi TAO (VAKBN) and Yapi & Kredi Bankasi AS (YKBNK) from falling below required capital requirements, brokerage BGC Partners said.

More:Turkey’s Tweak of Basel Capital Measures Helps Banks, BGC Says - Bloomberg