Central Bank Governor Hafize Gaye Erkan made a statement after meeting with the management of the Banks Association of Turkey in Istanbul.

Highlights from Erkan’s statements:

We came together with our banking sector. It was a very productive meeting. They told us their problems and demands in the process of simplifying the macroprudential framework.

“Price stability is very important for financial stability”

I am sure that all our economic units have rolled up their sleeves to fight inflation in line with the economic targets set by our government. I am confident that we will do this consistently and decisively, in a targeted manner. For this reason, price stability is very important for financial stability. We will fight inflation by ensuring both price and financial stability.

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