Saturday, November 21, 2009 02:14 [Daily Archive]

Finance Hurriyet Daily News Online
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Turkish watchdog says bank debts biggest risk, watches bad loans
The head of the Turkish banking regulator said Wednesday it would closely watch the rise in non-performing loans of banks, adding that the biggest risk was seen in bank loans in the coming period.

Turkish watchdog says bank debts biggest risk, watches bad loans

Tevfik Bilgin, the chief of Banking Regulation and Supervision Agency (BDDK), said that they would monitor Turkish banks' moves closely if the government introduces full guarantees for bank deposits.

 

The Turkish bank has to repay a total $4.6 billion of securitization as well as syndication loans in November and $10.7 billion in 2009, Bilgin told at the 6th International Finance Summit held in Istanbul.   

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