Investment Banking
Trading, Broking & Stock Exchanges
Uncategorized
Turkey unrest deals new blow as banks struggle with bad debt
Turkey’s failed coup is dealing yet another blow to the nation’s banks, which are already under pressure from rising bad debts and a slump in tourism. Istanbul-based lenders Yapi ve Kredi Bankasi AS and Sekerbank TAS cancelled about $800 million of debt sales last week after the attempt to unseat…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf News