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EXCLUSIVE Turkey's banks set for capital healing after pandemic battle -sources


Capital injection expected as economy gains pace -sources
End-September deadline looms for NPL forbearance
Asset management company remains leading solution -sources
ISTANBUL, July 8 (Reuters) - Turkey is considering a fresh capital injection for state banks but they also need a plan to deal with lingering bad debt after the lenders depleted their resources helping Ankara s battle against COVID-19, senior bankers and government officials say.
While privately-held peers were more conservative, the state banks nearly doubled their lending last year, helping the $720-billion economy avoid a contraction and mount a strong recovery helped by a speedy coronavirus vaccination campaign.
Now, authorities want the lenders to be ready for another burst of credit later this year or next to meet pent-up demand from builders and other borrowers, the six sources told Reuters, requesting anonymity. ....

Emelia Sithole Matarise , Ebru Tuncay , Orhan Coskun , Yapi Kredi , Jonathan Spicer , Thomson Reuters Trust Principles , Fitch Ratings , A Turkey Wealth Fund , Ziraat Bank , Garanti Bank , Ernst Young , Turkey Wealth Fund , Thomson Reuters Trust , ஜொனாதன் ஸ்பைசர் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ஃபிட்ச் ரேடிஂக்ஸ் , கரண்டி வங்கி , எர்னிஸ்ட இளம் , வான்கோழி செல்வம் நிதி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,