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Turkish banks

Turkish banks latest

Loan restructuring allows a company facing cash flow problems to renegotiate delinquent debts with lenders, enabling it to continue operations and avoid potential bankruptcy.
July 18th, 2019 - 07:46 GMT

The Reasons Behind Turkey's Failure to Restructure Bad Debt

Efforts to clean up Turkey’s bad debt have stalled after bankers rejected or put on hold initial plans, according to people familiar with the matter, frustrating the country’s attempts to leave behind the worst of last year’s currency crisis. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-4…","video_id":"445b1974-5890-4f89-8a5f-3f2dca467420","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Tech Companies to Work for in 2019"} Interviews by Reuters with more than a dozen bankers, company executives and advisers show that there has been little progress over the ...
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