September 30, 2019 / 8:52 AM / 18 days ago

Turkish banks to see 'clean slate' after steps taken on NPLs -Albayrak

ANKARA, Sept 30 (Reuters) - Finance Minister Berat Albayrak said on Monday that Turkish banks will see a “clean slate” in the upcoming period after steps taken to classify more loans as non-performing.

Speaking in Ankara, Albayrak added he thinks the banks will return to providing financing and that the sector is expected to take a proactive role in introducing new tools. (Reporting by Tuvan Gumrukcu and Nevzat Devranoglu; Writing by Ezgi Erkoyun; Editing by Jonathan Spicer)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below