Turkish Islamic bank merger could boost segment's growth: Fitch

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Türkiye plans to merge three state-owned participation banks, which Fitch Ratings forecasts could strengthen the banks' competitiveness and foster sector growth. The merger was announced recently by President Recep Tayyip Erdoğan as part of broader financial reforms.

Türkiye's planned merger of three state-owned participation banks, announced recently by President Recep Tayyip Erdoğan, could support the competitiveness and growth of this m...