December 17, 2019 / 6:38 AM / 2 months ago

Turkish banking watchdog advised banks not to distribute 2019 profits -Bloomberg HT

ISTANBUL, Dec 17 (Reuters) - Turkish banking watchdog (BDDK) advised banks not to distribute 2019 profits due to continuing economic recovery and lenders’ need for equity, broadcaster Bloomberg HT reported on Tuesday. (Reporting by Ebru Tuncay; Writing by Ezgi Erkoyun; Editing by Tom Hogue)

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