Tuesday, August 20, 2019

Turkish central bank moves to boost profits of state banks - Reuters

Turkish central bank moves to boost profits of state banks
Nevzat Devranoglu, Ezgi Erkoyun

ANKARA/ISTANBUL, Aug 20 (Reuters) - A central bank decision that banks with higher loan growth can hold lower reserves will boost profits at Turkish state banks and encourage private banks to follow suit with increased lending, analysts say.

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