TKBB, THE BANKING SECTOR IS ABLE TO MEET ALL ITS OBLIGATIONS

In the statement made by the TKBB, it was stated that the banking sector in our country has a high liquidity, asset quality and capital adequacy. The statement said, "The sector has TL 427 billion of liquid assets and USD 110 billion of foreign currency liquid assets as of May 17, 2023. With a liquidity ratio of 160 percent, it is at the level of international averages, similar to other indicators. The banking sector is able to meet all its obligations." it was said.

The statement continued as follows:

"The banking sector, which has shown resilience to numerous internal and external shocks to date, is in a solid structure, all of its activities are registered and subject to constant supervision. The sector believes in the strength of the Turkish economy, derives its strength from the economy and supports the economy with a healthy balance sheet.

Maintaining trust in the banking sector should be the duty and responsibility of all of us. It is of great importance that banking-related issues are kept above politics. For this reason, speculative statements that cannot reflect the truth, which may damage the reliability of the sector, should never be credited.

We would like to thank our customers for their confidence in the sector."