The Global Mid-Market Specialist
BBVA Increases Stake in Turkiye Garanti Bankasi
Spain’s Second Largest Bank Will Buy the Shares From Turkish Conglomerate Dogus Hold
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“Turkey offers good growth prospects given the low banking penetration, young population, need for infrastructure and focus on exports,” analysts with Madridbased investment bank Alantra said in a research note Wednesday. “However, this growth will come with a higher risk and volatility,” the analysts said, including high inflation and currency volatility.