Worst Is Over for Turkish Banks, Says CEO of Biggest LenderBy and
Bank lobby group head Aydin sees 2016 profitability of 12%-14%
Estimates based on drop in inflation, uptick in GDP growth
Turkish banks can look forward to improved earnings next year when the absence of election-related political turmoil should help reduce funding costs, said the chief executive officer of Ziraat Bank, the country’s biggest lender.
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