Minister of Treasury and Finance Mehmet Şimşek stated that the credit guarantee limits that SMEs can use from the loan guarantee system have been increased and said, “We will continue to channel our limited resources in the banking system into investment, production and exports.” used the phrase.
Minister Şimşek made an assessment on the subject from his social media account. Şimşek made the following statements in his post:
“We have increased the credit guarantee limit that SMEs can use from the credit guarantee system from 100 million lira to 150 million lira. We have increased this figure from 350 million lira to 500 million lira for large non-SME enterprises. These regulations came into effect after being published in the Official Gazette yesterday. We will continue to channel investment, production and export.”