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Author: | O'Neill, D. |
Title: | Can Turkish banks avoid economic reality? |
Journal: | Euromoney
2009 : SEP, VOL. 40:485, p. 238, 240-246 |
Index terms: | banking emerging markets Turkey |
Language: | eng |
Abstract: | How much longer can Turkish banks increase profits while the economy shrinks? The luck and skill of the industry have meant that defaulting borrowers have not yet caused a credit-quality crisis. However, financial backlash may be just around the corner. |
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