August 31, 2018 / 9:15 AM / 23 days ago

Albayrak says rating agencies trying to create pessimistic view of Turkey's banks

ISTANBUL (Reuters) - International rating agencies have been making intense efforts to create a pessimistic view of Turkey’s banks, Finance Minister Berat Albayrak said on Friday, but added that the government vowed to stand by its financial institutions.

FILE PHOTO: Treasury and Finance Minister Berat Albayrak, attends a press conference at the Presidential Palace in Ankara, Turkey, July 9, 2018. REUTERS/Umit Bektas/File Photo

Speaking at a gathering of small to mid-size businesses, Albayrak also said Turkey was going to continue to take steps to support and protect its currency.

Reporting by Humeyra Pamuk; Editing by Daren Butler

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