Mehmet Şimşek, Minister of Treasury and Finance, makes evaluations about the Medium Term Program in his NTV Special broadcast. Stating that the first priority in the Medium Term Plan (MTP) is to reduce inflation to…
Fitch Ratings revised Turkey’s credit outlook. In the statement made by the organization, it was reported that Turkey’s long-term foreign currency credit rating was confirmed as “B” and the credit rating outlook was changed from…
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…
With the decision, the loan guarantee that SMEs can use from the system was increased from 100 million lira to 150 million lira. For large companies, this amount was increased from 350 million liras to…
It changed the outlook for Turkish banks from negative to stable. He pointed out that if the current policies continue, the credit rating can be upgraded. The decision about Turkish banks from Moody’s had a…
Accordingly, export and investment loans and loans to the earthquake zone were excluded from all measures of the Central Bank to limit loans. As a complement to the steps supporting the tightening process, it has…
According to the information obtained from the officials of the Central Bank of the Republic of Turkey (CBRT), an important decision was taken in the rediscount credits that encourage exports. Accordingly, the daily limit of…
The Fed published the May 2023 issue of its Financial Stability Report, which includes assessments of the current situation in the American financial system. The report reminded that after November last year when the previous…
BRSA introduced a new loan arrangement for electric motor vehicles. According to the new regulation, up to 70 percent of electric vehicles with a final invoice value of 900 thousand liras or less can be…
BRSA introduced a new loan arrangement for electric motor vehicles. According to the new regulation, up to 70 percent of electric vehicles with a final invoice value of 900 thousand liras or less can be…