Loan market expects continued recovery of Turkish borrowers

By Mariam Meskin
04 Jan 2019

Turkey is on track to continue its recovery in financial markets, as inflation declines and the lira rebounds from its crisis of August, according to syndicated loan bankers.

Turkish banks surprised many market spectators at the end of 2018 by successfully securing billions of dollars of international financing in the second loan refinancing season of the year, even though the country was simultaneously battling a currency crisis and a ballooning inflation rate, which rose above 25% ...

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