Fitch Ratings has revised its Outlooks on Long-Term Foreign-Currency Issuer Default Ratings (LTFC IDRs) of nine foreign-owned banks in Turkey, the Ahval news website...
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...
Moody's Investors Service on Wednesday downgraded the long-term foreign currency deposit ratings of nine Turkish banks from B1 to B2.
The banks affected by the...
Ratings agency Moody’s sounded more alarm about Turkey’s banking sector on Tuesday, downgrading 20 financial institutions and citing the increased risk of deterioration in...
Ratings agency Fitch on Friday downgraded its already “junk” rating on Turkey’s sovereign debt, citing a widening current account deficit, a jump in inflation...