Turk­ish NPLs.

Kathimerini English - - Front Page -

S&P Global Rat­ings said on Tues­day it es­ti­mated prob­lem­atic loans at Turk­ish banks would rise to more than 20% by next year, cit­ing pres­sures from the coun­try’s eco­nomic re­ces­sion and the slide of the lira. De­spite a rel­a­tively low level of re­ported non­per­form­ing loans of 4.6% at the end of May, the rat­ings agency cited a num­ber of pres­sure points faced by Turkey’s banks, in­clud­ing high cor­po­rate sec­tor in­debt­ed­ness com­pared to other emerg­ing mar­kets.

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