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Fitch downgrades outlook for 9 foreign-owned banks in Turkey: report

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...

Fitch cuts rating of Turkey’s Halkbank, lowers outlook of state-run banks: report

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...

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