March 25, 2020 / 4:44 PM / 7 days ago

BRIEF-Fitch Says Coronavirus Affects Turkey Via Funding Conditions, Bank Metrics

March 25 (Reuters) - Fitch:

* FITCH SAYS CORONAVIRUS AFFECTS TURKEY VIA FUNDING CONDITIONS, BANK METRICS

* FITCH SAYS RISKS TO TURKEY’S SOVEREIGN CREDIT PROFILE FROM CORONAVIRUS COME MAINLY THROUGH A DETERIORATION IN GLOBAL FINANCIAL CONDITIONS

* FITCH SAYS LARGEST CONTRIBUTOR TO TURKEY’S EXTERNAL FINANCING REQUIREMENT IS BANKING SECTOR

* FITCH SAYS EXPECT EFFECTS OF CORONAVIRUS WILL WEAKEN TURKEY’S CURRENT ACCOUNT Source text for Eikon:

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