Fitch
Ratings has cut the Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR)
of Turkey’s state-run Halkbank, citing the nation’s declining foreign currency
reserves and the risk of...
Fitch
Ratings on Thursday said Turkey’s three major state-owned banks are less
equipped to deal with a potential deterioration in asset quality than their
privately owned peers,...
Fitch
ratings has revised its contraction forecast for Turkey from 1.1 percent to 0.3
percent, stating that the country’s economy performed better than expected
during the second...
New York-based Fitch Ratings, one of the big three
credit ratings agencies, has downgraded the support-driven Long-Term Foreign
Currency Issuer Default Ratings (LTFC IDRs) of 12...
Ratings agency Fitch downgraded Turkey’s sovereign rating to “BB-“ on Friday, saying the dismissal of its central bank governor heightens doubts over the authorities’...
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...
The Turkish lira started Friday in a negative position as Fitch, the only major credit rating agency that keeps Turkey within investment grade territory,...
