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Fitch stabilizes Turkish bank views
Fitch Ratings said it changed the outlook on several Turkish banks to stable from negative and affirmed their ratings.
The outlook change and ratings affirmations follow a similar action on the sovereign on Sept. 8, the agency said.
The banks are Yapi ve Kredi Bankasi AS, Turkiye Sinai Kalkinma Bankasi AS, Turk Ekonomi Bankasi AS, Turkiye Garanti Bankasi AS, KT21 T2 Co. Ltd., Turkiye Vakiflar Bankasi TAO, Akbank TAS, Turkiye Cumhuriyeti Ziraat Bankas AS, QNB Finansbank AS, Turkiye Ihracat Kredi Bankasi AS, Denizbank AS and Turkiye Is Bankasi AS.
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