Turkey bank clean-up queried as Albayrak heralds new start

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Turkey bank clean-up queried as Albayrak heralds new start

The plan, which envisages placing the debt into a mounting stockpile of non-performing loans (NPLs), came after a thorough review of banks’ asset qu

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The plan, which envisages placing the debt into a mounting stockpile of non-performing loans (NPLs), came after a thorough review of banks’ asset quality, Treasury and Finance Minister Berat Albayrak said in an op-ed for Bloomberg on Monday. The government has now given them a clean bill of health, he said.

But the International Monetary Fund, in […]

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