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Business

Moody’s downgrades credit rating for 18 Turkish banks

June 19, 2019

Moody’s on Tuesday cut the credit rating of 18 Turkish banks, the Diken news website reported. State lenders such as Ziraat Bank, Halkbank and Vakıfbank along with private...

Business

Capital outflow from Turkey increases by one-third in 2018: report

January 22, 2019

As the Turkish government puts in place a series of policies and incentives aimed at boosting foreign direct investment (FDI), considered a way out...

Business

Fitch says Turkey needs to quickly halt sharp slide of lira: report

August 9, 2018

Turkey needs to halt the sharp slide of the lira quickly, credit rating agency Fitch told Reuters on Thursday, warning the country's situation had...

Business

Moody’s changes outlook of 14 banks in Turkey from stable to negative

March 22, 2017

US-based global credit rating agency Moody's has announced that the long-term debt and deposit ratings of 14 banks in Turkey were affirmed and their...

National

PM asks citizens for help in witch-hunt against Gülen sympathizers

October 3, 2016

Speaking to a group of small business owners in at Çankaya Palace on Monday, Turkish Prime Minister Binali Yıldırım encouraged citizens to inform on...

credit rating

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