Posts Tagged 4Q 2015
Turkish Banks: 4Q 2015 Earnings Preview

Turkish Banks: 4Q 2015 Earnings Preview

Turkish banks are up 3.5% on average year-to-date with tailwinds from a better outlook for 2016 and easing regulation standards. However, since last year, Turkish banks have performed remarkable worse in a MENA context. The “exciting” period regarding the political risks and the continuation of downward trend in profitability were the key reason for the exceptionally weak performance.

This year has signs of relief for the industry with strong projected EPS growth figure after a...

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