CBRT claims Turkish banks sturdy against liquidity shocks
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Turkey’s central bank said on Friday the banking sector’s strong foreign-currency liquidity buffers has left it resilient to shocks.
In its financial stability report, the central bank also said the sector’s asset quality continues to improve while its non-performing loan (NPL) ratio is at a historic low of 2.2%.
(Reporting by Nevzat Devranoglu; Editing by Jonathan Spicer)
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