No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Turkish Banks Rally as Central Bank Restores Cheaper Funding

Monday, August 24, 2026


Turkish banking stocks rose following the central bank's decision to resume funding at its 37% policy rate, which reduced borrowing costs for lenders. The move was expected to support bank profit margins.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-24/turkish-banks-rally-as-central-bank-restores-cheaper-funding

Next story

Trump's Bedminster turf could make or break his last two years in the White House