Turkish banks are not a well-travelled group of companies, generally preferring the assured comforts of their home market to taking the risk of stepping out into the wider world. But as Turkey increasingly flexes its political and economic muscles on the world stage, and as domestic growth start to slow, could the country’s banks become more adventurous?
There are 44 banks in the country according to the Banks Association of Turkey. Between them they have more than 10,000 branches, but just 76 of these are abroad.
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