Turkish bank sector keeps its sound structure: Watchdog

By Tuba Sahin</p> <p>ANKARA (AA) – The Turkish banking sector’s sound, healthy structure continues at full strength, the Banking Regulation and Supervision Agency (BDDK) said on Thursday. </p> <p>The sector's current capital structure is fully capable of withstanding asset quality-driven risks, the banking watchdog said in a statement. </p> <p>The BDDK projected that in 2019 the capital adequacy ratio will drop to 15.5 percent while the non-performing loans (NPL) ratio will reach 6 percent. </p> <p>It underlined that following the work on its financial structure, the calculated capital adequacy ratio is well above the minimum limit of Basel III practices.</p> <p>The sector's profitability performance also supports capital adequacy through internal capital production, the statement added. </p> <p> </p> <p> </p> <p>