Fitch Bank Director of AHMET EMRE KILINC, the Turkish banking industry in the latest developments and the appearance of the region in the second half of the year is evaluated.
Fitch ranked Banks Ahmet Emre Kılınç, about the policy benefits of the Central Bank of the Republic of Türkiye (CBRT), “We see lower policy benefits at the end of the year. Therefore, we think that the net interest rate of banks will grow, but this is less improved than our expectations at the beginning of the year.” He said. Kılınç has evaluated the latest developments in the field of Turkey and the appearance of the region in the second half of the year. Kılınç claims that the appearance of Turkish banks has affected the appearance of the domestic market and the global -scale tax rate affecting bank interest amplitude with the continuation of interests before March, but this expectation was delayed due to fluctuations in the domestic market.
We start to monitor banks more closely
Kilinc, CBRT has increased policy benefits to 46 % and banks sponsored with 49 % of the band, “We see the policy benefits by the end of this year, we see lower policy benefits. He said. Saying that high interest rates cause risk costs, Kılınç continues:“ We have started to monitor the quality of the bank's operation in the next half of the year. Continue the bank's access to foreign finance Kılınç recalls that the high -term external debt of banks in Türkiye constitutes a risk of capital refinancing, but this risk is not new. It is indicated that the market access is very important at this time, Kılınç said, “This access is very strong last year. Many banks have provided both credit issues like Eurobond and capital. When we consider it since March, the loans of the Union have been extended more than 100 %. Kılınç claims that global development policies in the United States have political policies in the United States, tariff policies Indirectly affects the appearance of Turkish banks, but the impact of tariffs on the field of Turkish bank may be very limited.