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Fears of aggressive pricing as Ziraat comes for first loan in 21 years

Turkey’s state-owned Ziraat Bank has approached the market for its first syndicated loan since 1992. But the borrower's rare foray has prompted accusations by lenders that Ziraat is attempting to jump on the low loan pricing bandwagon that Turkish banks are riding this year — and without being likely to offer enough ancillary business as compensation.

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