EXCLUSIVE-Turkey's state banks likely to follow central bank and slash rates on Monday -sources - NewsBreak
By Merima in Business
Updated 2 years ago
ISTANBUL, Oct 24 (Reuters) - Turkey's state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to three people with knowledge of the plan, following last week's unexpectedly hefty rate cut by the central bank. The three big public lenders Ziraat Bank,...