Turk Eximbank a bellwether for country risk as lenders stay true to Turkish banks

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Turk Eximbank a bellwether for country risk as lenders stay true to Turkish banks

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A balloon with a Turkish flag is seen at Anitkabir, the Mausoleum of modern Turkey's founder and first president Mustafa Kemal Ataturk, as Turkish citizens celebrate the 94th anniversary of the Republic Day in Ankara, Turkey on October 29, 2017. (Photo by Altan Gocher/NurPhoto/Sipa USA) | NurPhoto/SIPA USA/PA Images

Turkish banks are gearing up for a round of loan refinancing at a time when the country is a risky economic hunting ground. But bank lenders are confident the loan market will support Turkish banks, albeit at wider margins.

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