Türkiye’s Financial Stability Committee convened to review developments in the banking sector and housing loans, according to a statement from the Ministry of Treasury and Finance.
The ministry said the meeting was chaired by Treasury and Finance Minister Mehmet Şimşek and focused on safeguarding financial stability through a comprehensive and coordinated approach.
Focus on Financial Stability
During the meeting, participants assessed the global and domestic macroeconomic outlook and conducted an in-depth review of recent developments in financial markets.
“The general outlook of the banking sector and restrictions on housing loans for first-time homebuyers were discussed,” the statement said. “Consultations were also held on the level of compliance of non-bank financial institutions with the macroprudential framework.”
In addition, the committee reviewed the current situation regarding overdraft accounts, loan commission fees, and credit cards, and evaluated potential policy steps that could be taken in these areas.
The statement emphasized that the committee will continue its work with a holistic perspective to ensure the protection of financial stability, which it described as one of the key pillars of balanced and sustainable economic growth.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök