March 20, 2017 / 7:37 PM / 9 months ago

BRIEF-Moody's takes rating actions on 17 Turkish banks

March 20 (Reuters) - Moody’s Investors Service:

* Says long-term debt and deposit ratings of 14 Turkish banks were affirmed and their outlook was changed to negative from stable

* Says ratings of one additional Turkish bank downgraded with negative outlook; ratings of two other banks were affirmed with outlooks unchanged

* Says outlook change on Turkish banks was prompted by the deterioration of the outlook for Turkey's credit profile Source text: bit.ly/2nfkbgH

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