Loans Risk Fueling Debt Tinderbox Under Economy: Turkey Credit
By Benjamin Harvey & Taylan Bilgic - Sep 24, 2013 8:42 AM GMT+0200
The Turkish central bank’s pledge to keep interest rates low is fueling a credit boom, perpetuating a debt-driven economic-growth model that Deputy Prime Minister Ali Babacan says is undesirable.
More:Loans Risk Fueling Debt Tinderbox Under Economy: Turkey Credit - Bloomberg
