Regulation, Risk & Compliance
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Turkish banks' short-term funding fix poses risks in COVID-19 aftermath
Turkish banks’ reliance on short-term foreign currency debt is proving a concern for investors as it risks piling on pressure within the banking system and on the country’s falling reserves in the wake of the COVID-19 pandemic. The banking sector, the largest contributor to Turkey’s external financing requirements, is heavily…
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Click here to read the full story: Reuters