January 27th, 2015 - 02:14 GMT Catastrophic banking: Turkish state bank sustains $1 billion loss in bad loans The amount of bad loans that state-run Ziraat Bankası had at the time was almost TL 2.5 billion (approximately $1 billion), nearly four times the amount needed to establish a private bank. Read more
July 27th, 2014 - 04:40 GMT A grim reality behind the stellar rankings? Turkish airlines allegedly facing serious default crisis