Banks Association of Türkiye confirms problems with payments from Russia
The Banks Association of Türkiye received information and notified its member banks about the problems of exporters regarding payments with Russia
Turkish banks
Turkish banks start accepting Russian payments for textiles and food
The Turkish authorities continue to solve the problem of banks refusing to accept payments from Russian importers. According to sources, the problem has been successfully resolved in a number of industries, while others remain in limbo.
Erdoğan announces new investment program
He wants to preserve macroeconomic stability, raise production and welfare
Turkey will usher in austerity programmes
Finance Minister Berat Albayrak believes that austerity will help to reduce inflation growth
Erdogan: resistance to cut mortgage rates is treason
Turkish President Recep Tayyip Erdogan ratcheted up pressure on the nation’s banks, saying he would consider resistance to his calls to cut mortgage rates as an act of treason. Banks will be held …