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Fitch revises Burgan Bank Turkey's outlook to negative
Fitch Ratings has revised the outlook on the long-term foreign-currency issuer default ratings (LTFC IDRs) of nine Turkish foreign-owned banks, including Burgan Bank Turkey, to negative from stable. The lender’s LTFC IDR has been affirmed at 'B+', Burgan Bank said in a statement to Boursa Kuwait on Wednesday. In addition,…
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