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Turkish banking

Turkey’s banking watchdog imposes penalties on 16 financial institutions

Turkey’s banking regulator has imposed penalties totaling 2.1 million Turkish lira ($306,000) on 16 non-bank financial institutions for violating regulations, the SeeNews website reported,...

S&P says NPL ratio in Turkish banking sector to double

Standard and Poor's said on Tuesday that it expects the non-performing loan (NPL) ratio in Turkey's banking sector to double to 8 percent and...

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