Turkish Banks Warned Against Lending

The director of Turkey's leading banking association warned members against lending during the credit crisis, according to Reuters. Ersin Ozince, the chief executive of Isbank, said domestic banks could not roll companies' foreign debt onto the real economy, according to

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The director of Turkey’s leading banking association warned members against lending during the credit crisis, according to Reuters.

Ersin Ozince, the chief executive of Isbank, said domestic banks could not roll companies’ foreign debt onto the real economy, according to the story.

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