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The Business Brief MONDAY, 24 AUGUST 2026
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Turkish Banks Rally as Central Bank Restores Cheaper Funding

1 source ·1 article ·2h ago

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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Bloomberg 1

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Bloomberg Markets ·2h ago

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.