Turkiye's sovereign wealth fund has injected TRL111.7 billion (US$5.8 billion) of capital into three state-owned banks - Ziraat, Vakıfbank and Halkbank - ahead of the May elections to boost lending, and generate economic growth.The Türkiye Varlık Fonu (TVF) said it had boosted state lender Ziraat’s capital by TRL49.7 billion, Vakıfbank...
Turkiye's sovereign wealth fund has injected TRL111.7 billion (US$5.8 billion) of capital into three state-owned banks - Ziraat, Vakıfbank and Halkbank - ahead of the May elections to boost lending, and generate economic growth.The Türkiye Varlık Fonu (TVF) said it had boosted state lender Ziraat’s capital by TRL49.7 billion, Vakıfbank...