Interest rate comment from Hakan Aran, General Manager of İşbank: Additional discount will harm Turkey
İşbank General Manager Hakan Aran said on Thursday that he thinks the Central Bank will keep the interest rate constant by not doing any construction on it. Answering Bloomberg HT’s questions, Aran stated that lowering the interest rate seems to make sense for the exchange rate and inflation.
“ADDITIONAL DISCOUNT WILL DAMAGE TURKEY”
Aran, the Central Bank’s interest rate cuts, “Credit costs will be cheaper. Interest rates will come. It will come for this. For this, the future rate will be considered. I think the interest will now increase.
“GARANTİ BANK’S MOVE IS A HONEST DECISION”
“The valuation of banks in Turkey was an irrational orientation. It will be designed for the look of an economic design,” Aran said.
“BANKING SECTOR IN TURKEY IS VERY SOLID”
The 3rd school records, for which registered schools are registered, are also expressed for the dates of school registration. Aran said, “Come and improve your performance next year. Its production in Turkey is very solid, with risk support and activity.