Hedge Funds & Alternative Investments
Regulation, Risk & Compliance
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Turkey lowers banks’ asset ratio requirements in stimulus reversal
The Turkish banking regulator cut banks’ required asset ratios to 90 percent from 95 percent, relaxing a rule that coerced banks into lending more and buying more Treasury bonds. The watchdog also reduced the ratio for Islamic banks to 70 percent from 75 percent, it said in a statement on…
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