September 24, 2016

Turkey’s Credit Rating cut to Junk by Moody’s

Moody’s Investors Service has downgraded the Government of Turkey’s long-term issuer and senior unsecured bond ratings to Ba1 from Baa3 and assigned a stable outlook, leaving […]
January 10, 2017

Turkish Banks forecasted to get hit by bad credits

International credit rating agency Moody’s Monday forecast that Turkish banking sector profits will be hit significantly in 2017 by rising non-performing loans.  “We expect asset quality […]