- As the Turkish lira falls, the European Central Bank has become concerned about the exposure of banks such as BBVA, BNP Paribas and UniCredit to Turkey, the Financial Times reports, citing unnamed sources
Market news
10 August 2018
As the Turkish lira falls, the European Central Bank has become concerned about the exposure of banks such as BBVA, BNP Paribas and UniCredit to Turkey, the Financial Times reports, citing unnamed sources
The ECB's Single Supervisory Mechanism is concerned about Turkish borrowers defaulting on foreign-currency loans, according to the FT.
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