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...
Turkish President Recep Tayyip Erdoğan claimed on Tuesday that Turkey witnessed “negative growth” in the last quarter of the year as the economy contracted...
Ratings agency Fitch on Friday kept Turkey's credit rating at "BB" with a negative outlook.
The Turkish economy is navigating out of a "sharp depreciation"...
Turkish President Recep Tayyip Erdoğan on Friday called international credit rating agencies “fraudsters” while promising his supporters that “this too shall pass,” referring to...
Turkish Economy Minister Nihat Zeybekci called recent statements from global credit agencies Fitch and Moody’s “manipulative” and “speculative” during a Justice and Development Party...
International credit rating agency Fitch on Tuesday published a press release on Turkey, arguing that President Recep Tayyip Erdoğan’s remarks last week on Bloomberg...
Fitch has cut Turkey's sovereign rating to junk level, becoming the last major rating agency to put the country under investment-level territory.
Fitch’s decision came...
