Pasha Yatirim Bankasi to increase assets to TRY 1.8B

Pasha Yatirim Bankasi to increase assets to TRY 1.8B
# 13 February 2018 08:01 (UTC +04:00)

Turkey-based Pasha Yatirim Bankasi A.S. has a very limited franchise in the highly competitive Turkish banking sector, Fitch Ratings reported.

According to the agency, the bank has aggressive growth targets and aims to increase its total assets to TRY1.8 billion by end-2020. The bank's new strategy is likely to result in significant exposure to some high-risk sectors such as energy, tourism and construction.

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THE OPERATION IS BEING PERFORMED