Regulation, Risk & Compliance
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Turkish regulator asks Hariri-linked firm’s creditors to not classify debt as non-performing
Turkey’s banking regulator has assured creditors of Oger Telecom, which is the main shareholder in Türk Telekom, that a $4.75 billion syndicated loan will not go to default and they don’t have to re-classify it as “non-performing,” its head told Reuters on Nov. 16. The move will likely help Oger…
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Click here to read the full story: Hurriyet Daily News