ITO President Avdagiç Emphasizes Interest Rate Policy and Financing for SMEs

Istanbul Chamber of Commerce President Şekib Avdagiç made important evaluations regarding the Central Bank's interest rate policies, SMEs' access to financing, and ITO's upcoming election process.

Interest Rate Policy Expectations

Istanbul Chamber of Commerce President Şekib Avdagiç made evaluations regarding the Central Bank's interest rate policies.

Avdagiç stated that they observed the Central Bank acting more reserved regarding interest rates.

SMEs' Access to Financing

It was emphasized that restrictions on loan and commercial credit card limits for SMEs should be brought to a reasonable point.

It was stated that transitioning to a selective financing model would positively affect the payment chain in the market.

Inflation and Industry Balance

It was expressed that Turkey should not experience a dilemma between reducing inflation and suppressing its industry.

It was reminded that the business world has contributed to policies to reduce inflation for three years by paying a heavy price.

ITO Election Date Announced

It was announced that the Istanbul Chamber of Commerce professional committee elections will be held on October 27th.

Information was shared that the elections will take place at the Istanbul Expo Center.