state-run banks

Fitch Ratings has cut the Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) of Turkey’s state-run Halkbank, citing the nation’s declining foreign currency reserves and the risk of...

Shares in Vakıfbank will be sold to the Turkish Wealth Fund at 4.98 lira per share and those of Halkbank at 5.72 lira, they said, under...

Turkey plans to inject about 20 billion lira ($2.8 billion) of new capital into three state banks -- Ziraat Bank, Halkbank and Vakıfbank -- in the...

Turkey’s government is considering a capital injection for state-owned banks so they can prop up businesses hit by the coronavirus pandemic, according to people with knowledge...