Comment & Analysis
Market Forecasts
Uncategorized
S&P sees Turkish banks' bad loans doubling in next 12-18 months
Rating agency S&P Global expects the amount of bad loans on Turkish banks’ books to double over the next 12-18 months and their total credit losses to rise to as much as 2.5 percent from the recent average of 1.4 percent. In a new report published on Monday, S&P said…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters