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Standard and Poor’s (S&P)

S&P downgrades rating of 4 Turkish banks after revising Turkey’s outlook to negative

International rating agency Standard and Poor’s (S&P) downgraded the rating of İş Bank, Vakıf Bank, Yapı Kredi Bank and Garanti Bank on Tuesday following...

S&P revises Turkey outlook down to negative in surprise move

In the midst of expectations of a Fitch downgrade of Turkey’s rating, another major rating agency, Standard and Poor’s (S&P), revised its outlook on...

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