Regulation, Risk & Compliance
Retail Banking
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Akbank Seeks Cheaper Foreign Borrowing in Test for Turkish Banks
Akbank T.A.S. is seeking to cut its foreign borrowing costs as it kicks off a wave of refinancing among Turkish lenders trying to take advantage of a drop in the country’s risk premium. Turkey’s second-largest commercial bank by market value is looking to raise about $650 million via a 367-day…
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Click here to read the full story: Bloomberg Quint