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Fibabanka Anonim Sirketi

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Risks to financial stability remain significant given unpredictability in the policy framework and Turkey’s large external financing requirements. (Shutterstock)
September 13th, 2018 - 09:03 GMT

Agencies Downgrade Turkish Banks in Response to Market Volatility

International rating agencies Moody’s and Fitch downgraded a number of Turkish banks, including Bank Audi’s subsidiary Odea Bank due to their exposure to the country’s financial crisis.
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