
Zero financing cost loan of up to 1 million TL to small businesses and 500 thousand TL to micro businesses
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A support program was announced to compensate the economic losses of SMEs affected by floods and overflow disasters.
Minister Kacır gave the following information on the subject in his statement on his virtual media account:
"We are implementing Emergency Support through KOSGEB in order for our SMEs affected by floods and overflow disasters in Istanbul and other cities to compensate for their economic losses and continue their activities. Within the scope of the support; 1 million TL loan to small businesses and up to 500 thousand TL loan to micro businesses. Zero financing cost (The entire loan interest/profit share is covered by KOSGEB.) 24 months maturity, 6 months grace period. Deadline for application: December 31, 2026. We continue to support our SMEs."

Vice President Cevdet Yılmaz stated that they aimed to ensure permanent price stability and sustainable growth in the axis of investment, production, employment and exports at the 19th National Will Meeting.
Garanti BBVA decided on a 3-year share buyback program with a maximum amount of 11 billion TL. The program will start tomorrow and include the buyback of shares with a maximum nominal value of 85 million TL.
BIST 30 shares in the portfolios of investment funds in the liquidation process will be sold off-exchange in 20 equal packages at the closing prices of November 3, 2026. A 3-month stock market sales restriction will be applied to buyer funds. Transactions will be carried out within the framework of the CMB's letter dated 3 November 2026 and the decision dated 17 September 2026.

AKP member Şamil Tayyar explained the loss of value in Borsa Istanbul, the withdrawal of domestic investors and the contraction in the fund sector with data in a report shared on his social media account.

The Ministry of Commerce decided to ban the placing on the market of a children's bicycle and a toy called 'MAY Brake Systems Written Stretch Ball', which were determined to pose a risk of suffocation and mechanical injury, and to recall them from the market.
Minister of Treasury and Finance Mehmet Şimşek stated that annual consumer inflation decreased to 29.8 percent in October and stated that the increase in energy prices limited the disinflation process, but the downward trend will continue.