Çakar Rejects the Relationship between Fund Research and SME Credit Increase

Çakar answered questions regarding the fund investigation at the press meeting titled "Financing of Transformation: Turkey on the Way to COP31", held with the participation of TBB Board members and International Energy Agency (IEA) President Fatih Birol.

Alpaslan Çakar, when asked whether the increase of the 4.5 percent growth limit in SME loans by the Central Bank of the Republic of Turkey (CBRT) to 5 percent has anything to do with fund investigations, said that the fund issue is experienced in a more limited area and there are more individuals here.

According to AA news, Çakar stated that they have been working on SME loans for a while and made the following statements:

"There has been a need for this in the market lately. Because the biggest problem in terms of accessing liquidity was SMEs' access to liquidity. The big ones do not have much of a problem in that sense. It was an issue we expected. Therefore, it has nothing to do with the fund. There were some decisions that eased liquidity before the fund investigation. We can evaluate it as a continuation of those decisions."

"IT DOES NOT HAVE A NEGATIVE AFFECT ON THE BANKING SECTOR"

Alpaslan Çakar answered the question about whether the fund investigations will have an impact on the banking sector: "We never expect it to have a negative impact on the banking sector. The market is the same market. Where did the money that came out of there go? It entered the banking sector. Therefore, the money remained in the system. Therefore, it is out of the question for it to have a negative impact on the banking sector." he replied.