Menu

Turkey: Moody credit rating agency upgrades Turkish outlook

Posted on 14 February 2011

Date: 23/11/2010
Turkey: Moody credit rating agency upgrades Turkish outlook

Moody, the international credit rating agency has upgraded Turkey’s banking sector from stable-to-negative to stable.

Moody’s upgrade is to reflect the liquidity improvements, the sectors capital improvement and the improving quality of assets.

According to Moody the Turkish banks net profits and net interest margins will remain healthy due to the strong growth of the Turkish economy.

23 November 2010 (Invest in Turkey)

Why not call us and find out how to see the properties and locations for yourself?
Telephone: +44 (0) 208 339 6036 or to email us, click here