---
title: "“Turkish Banks' High Dependence On Foreign-Currency Funding Likely To Restrain Credit Growth”"
date: "2015-10-01 13:10:01"
author: "DHA"
tags: "İstanbul"
canonical_url: "https://3aa32375-6dc9-411a-b69d-feea9bec2b5f.atarimworker.io/turkish-banks-high-dependence-on-foreign-currency-funding-likely-to-restrain-credit-growth-180101983583"
original_url: "https://3aa32375-6dc9-411a-b69d-feea9bec2b5f.atarimworker.io/turkish-banks-high-dependence-on-foreign-currency-funding-likely-to-restrain-credit-growth-180101983583"
---
# “Turkish Banks' High Dependence On Foreign-Currency Funding Likely To Restrain Credit Growth”
\- International credit rating organization Moody’s urged that Turkish banks might slow their lending growth as foreign currency funding was expected to become more expensive, in a report published on Oct. 1.
Moody's report, entitled "High dependence on Foreign funding is a Significant risk for Credit growth, announced, “Turkish banks may slow their lending growth in 2015-16, as foreign currency funding will likely become more expensive”.