Lenders warned to avoid dancing around amended asset ratio, but everyone’s dancing around something in Turkey

Paraanaliz reported on June 6 that Yapi Kredi had confirmed that it was imposing limits on FX-denominated time deposit accounts but it had denied media reports suggesting that it was also closing FX-denominated drawing accounts.

Atilla Yesilada of Paraanaliz has also recently expressed anxiety about “The Brutal Murder of the Turkish Private Sector“.

 

To read the entire article, click here

 

To obtain information on our research services, visit our website