EuroWeek View: Second tier Turkish banks to bear brunt of lenders' increased costs

Banks are beginning to question whether the ancillary business on offer really justifies losses on cut-price loans to Turkish banks. The debate may not lead to increased pricing for the top tier names but it doesn’t bode well for the borrowing costs of smaller Turkish FIs.

  • 13 Sep 2011
Yapi Kredi, a well-connected Turkish bank, is still in negotiations with lenders about the pricing on its latest one year refinancing loan. The fact that the issue of pricing was not put to bed immediately is surprising. The top tier Turkish banks have a well established tradition of ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access:

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.

New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,171 21 10.72
2 Bank of America Merrill Lynch (BAML) 6,901 20 10.32
3 JP Morgan 4,776 10 7.14
4 Credit Suisse 4,718 9 7.05
5 Lloyds Bank 4,420 14 6.61

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Oct 2016
1 Wells Fargo Securities 68,611.22 170 11.38%
2 Bank of America Merrill Lynch 59,056.08 169 9.80%
3 JPMorgan 56,861.85 163 9.43%
4 Citi 56,521.05 165 9.38%
5 Credit Suisse 44,888.95 123 7.45%