The Turkish Central Bank acts to ease the squeeze on domestic banks

Our recent report highlighted our out-of-consensus call for an easing of reserve requirements in Q1/12 from the Central Bank of Turkey (CBT), which would boost banking sector profits next year. At the time most analysts were issuing bearish releases on Turkey’s banking sector. In our report we noted that the CBT was concerned about the recent volatility in the lira and that the lira might become a target for speculators.

Last week the CBT announced two contradictory policy measures. On...

Sorry, you do not have access to this page because you are not logged in.

Already registered?

Please enter your email address and password below. Forgot your password?

 

Request a free trial

If you are not a subscriber or a trialist and you want to discuss how to access our work please:

Learn more

Trusted Sources helps clients identify investment opportunities in emerging markets, exploit them with greater confidence and stay alert to associated risks.

Learn more about our approach, our team and our research, as well as our media appearances.