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Turkish banks will support new low-rates economic model, association head says
Turkish banks will support a "new economic model" based on low interest rates championed by President Tayyip Erdogan, Turkish Banks Association Chairman Alpaslan Cakar said, adding efforts for banks to carry out capital injections to support credit growth were underway. Under pressure from Erdogan, the central bank has slashed rates…
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Click here to read the full story: Reuters