Trouble on the Bosphorus

10 Aug 2018 By Christopher Thompson

A growing economic crisis in Turkey has sent shares in European banks with significant local operations down by 3 to 4 percent. But the quantum of their exposure varies. Longer-term pain will depend on whether they matched loans with local deposits or relied on parent funding.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)