Regulation, Risk & Compliance
Retail Banking
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Turkey Plans to Let Banks Securitize Loans to Spur Growth
Turkey is working on legislation to allow commercial lenders to securitize and sell all of their $515 billion of outstanding loans to investors, as the government seeks to boost credit and spur economic growth. Policy makers have already completed technical work on the measure, which requires a new law to…
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Click here to read the full story: Bloomberg