Photo shows Turkish flag. (Credit: Gurcan Ozturk/AFP)
ISTANBUL, Turkey — The Turkish central bank is telling banks that it will continue decisively with policies that have been criticized by the banking sector, two banking sources said.
They said the central bank was holding talks with the chief executives of several banks individually, including the CEO of Isbank. The central bank did not comment on the report and Isbank was not immediately available to comment.
At the start of last week, Isbank's CEO called on authorities to ease or lift recent measures including mandating some banks to hold government bonds, saying they prevented the sector from using resources effectively.
ISTANBUL, Turkey — The Turkish central bank is telling banks that it will continue decisively with policies that have been criticized by the banking sector, two banking sources said.They said the central bank was holding talks with the chief executives of several banks individually, including the CEO of Isbank. The central bank did not comment on the report and Isbank was not...