Commerzbank warns Turkish bank stress heightens lira vulnerability

MacroDigital Finance
โดย Commerzbank·Read original
Summary · why it matters

Commerzbank warns that stress in Turkey's banking sector is increasing the vulnerability of the Turkish lira. Tatha Ghose at Commerzbank flags Fitch’s latest review of Turkish banks as another negative signal for the currency. Profitability has weakened after regulatory changes on FX risk-weighted assets, with capital ratios lower and margins squeezed by prior rate cuts and high costs.

Impact on stocks 1

Financials · 1 stocks