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Turkish Banks Rally as Central Bank Restores Cheaper Funding

Bloomberg
Bloomberg
by Tugce Ozsoy
Aug 24, 2026 · 1:36 PM
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Turkish Banks Rally as Central Bank Restores Cheaper Funding
Turkish banking stocks surged after the central bank moved to resume funding from its 37% policy rate, effectively lowering borrowing costs and aiding expectations for lenders’ profit margins.
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