Turkey’s BDDK praises banks, Fitch warns on stable high loan growth

Turkey has already overcome a loan growth risk due to precautions by the banking regulator and the Central Bank, according to Turkey’s Banking Regulation and Supervision Agency’s (BDDK) chairman, Mukim Öztekin. However, one of the three leading credit rating...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

Turkey’s BDDK praises banks, Fitch warns on stable high loan growth



Balkans.com Business News Correspondent - 11.01.2013

Turkey has already overcome a loan growth risk due to precautions by the banking regulator and the Central Bank, according to Turkey’s Banking Regulation and Supervision Agency’s (BDDK) chairman, Mukim Öztekin.

However, one of the three leading credit rating agencies, Fitch – which had given the local economy a boost with a November upgrade – said in yesterday’s report that Turkish lenders may risk their positive outlook with a stable high loan growth, Hurriyet Daily News report.

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