Kathimerini English

Turkey-lending.

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Turkey’s central bank suspended until year-end a requiremen­t that banks with a real annual loan growth rate above 15% must keep their adjusted rate below 15%, so they can keep credit flowing as the economy reopens from a coronaviru­s lockdown. The revision would allow lenders to take advantage of separate regulatory incentives for them to meeting the borrowing needs of firms and individual­s, which have risen and will likely stay high, the bank said on Saturday.

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