Union of Chambers and Commodity Exchanges of Turkey

Real sector met with bankers in Ankara


01.02.2019 / Ankara



The Real Sector and Financial Sector Dialogue Strengthening Meeting was held at the JW Marriott Hotel in Ankara. The Union of Chambers and Commodity Exchanges of Turkey (TOBB) President Rifat Hisarcıklıoğlu and the Turkey Banks Union (TBB) President Hüseyin Aydın, giving their assessments to the press before the meeting, underlined the fact that the meetings have been of great benefit for both parties to understand each other and develop solutions.​

TOBB President Hisarcıklıoğlu said, “This is a first in our history. We have traveled all over Anatolia, the real and the financial sector. In fact, this was the best concrete indication that we are the inseparable whole.”

Hisarcıklıoğlu pointed out that banks' general managers and assistants have entered the field and that the real sector and bankers sat at the same table. “This is the best indicator that we will understand each other and a hopeful sign for the future. That we will get through this difficult process together. We are on the same ship. If there is distress in the real sector, there is distress in the financial sector and vice versa. That is why access to finances must be kept open.”

Stating that such difficulties have been experienced before in 25 years, TOBB President M. Rifat Hisarcıklıoğlu said, “We know that we will overcome this as well. As the Turkish private sector we are hopeful of our future. This wheel won’t be stopped at this bump on the road. Together, we are at the cusp of overcoming this difficult period. I hope that the way forward will be even more open. We trust our country; our country will be better than today.”

- Chairman of the Board of TBB Hüseyin Aydın

Turkey Banks Union (TBB) President Hüseyin Aydın said, “There is a strong indicator of stabilization in the macroeconomic situation. Preliminary indicators herald the coming of spring.”

Aydın reported that the markets are calming down and everything is in line with expectations. Pointing out that interest rates are decreasing and exchange rate is more stable, Aydın said:

“Inflation is better than expected. Macro indicators have a strong balance. This can be observed in in the current account deficit and in the budget. These show that there is a better operating environment for the real sector and for us, the corporate sector. The banking sector will do its part as it has to bring about a spring. The banking sector is strong and experienced. We are ready and happy to share this with Turkey and those who work to make it greater.”

After the speeches, the meeting continued to be closed to the press.

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