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state-run banks
Fitch cuts rating of Turkey’s Halkbank, lowers outlook of state-run banks: report
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...
Turkey’s Wealth Fund increases shares at 3 state-run banks with capital injection
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 mulls injecting nearly $3 billion of new capital into state-run banks: report
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 to inject more money into state-run banks to increase business lending: report
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...