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The money network:

The money network:

Why crowdfunding threatens traditional bank lending

August 2005

Turkey: Good news outweighs bad for banks

Credit card bad loans to rise but business still highly profitable


Turkey's credit card industry, one of the fastest-growing products for the country's financial institutions, will remain an extremely lucrative business for the foreseeable future.

The not so good news is that banks' non-performing loans ratios on outstanding card loans will get worse by the end of the year although systemic risk is not on the horizon. These are the key findings of...


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