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Turkish banks could face further curbs on consumer lending: S&P

Turkish banks could face further curbs on consumer lending: S&P

Turkey’s banking regulator could further restrict consumer borrowing as it tries to control high levels of inflation, potentially squeezing margins at the country’s privately owned banks, S&P Global said in a report. Lower limits on credit cards and personal loans are possibilities, as are increased risk-weighted asset requirements for general purpose loans and auto loans,...