The Concordat Becomes History, Financial Restructuring Is Coming.
Companies left behind a difficult year with the trade tensions between China and America, as well as the worldwide economic contraction and fluctuations in exchange rates. With the Financial Restructuring (FYY) application put into effect by the Banks Association of Turkey, companies will be able to restructure their loan debts without declaring a concordat. With the Financial Restructuring (FYY) application put into effect by the Banks Association of Turkey (TBB), companies…


