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Moody’s puts Turkish banks on Top-3 list

Moody’s says that Russian, Turkish and Polish banks have the highest profitability at the moment. The ratio of net profit to assets totaled 2.4% last year.

Profitability of US and Japanese banks totaled 1.3%, German and British banks 0.7%, French 0.6%. Profitability is expected to start dropping this year.

Adapted from Vestnik Kavkaza