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Turkish banks delay loan payments to ease the impact of COVID-19

Turkey’s Ziraat Bank, Halkbank and Vakifbank will allow their clients to postpone repaying debt by three months, following the recommendations from the Turkish Banking Association to stem the effects of COVID-19 pandemic, according to local newswire, Anadolu Agency. The state-owned lenders will provide long-term postponements of up to 12 months…

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