Turkey’s Burgan Bank’s ratings “are constrained by tight liquidity and high dependence on interbank funding, weakening capital ratios, high gross exposure to Forex-denominated assets and liabilities and net losses reported in two successive years, owing largely to a high cost structure.”

The FSR Outlook was lowered to ‘Negative’ from ‘Stable.’

http://www.cpifinancial.net/news/post/28260/ci-affirms-ratings-of-burgan-bank-turkey-fsr-outlook-lowered-to-negative

 

 

Tagged with:
 

Leave a Reply

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!