Turkey facing speculative attack rather than economic crisis: Denizbank CEO Hakan Ateş
Speaking at Anadolu Agency's Finance Desk in Istanbul, Denizbank CEO Hakan Ateş stressed: "We can talk about a speculative attack, not a crisis." He also added to his comments: "Turkish people are able to overcome much bigger problems than speculative attacks."
- Türkiye
- Anadolu Agency
- Published Date: 12:00 | 14 August 2018
- Modified Date: 01:37 | 14 August 2018
Turkey is facing a speculative attack rather than an economic crisis, the CEO of a major private lender said on Tuesday.
The Banking Regulation and Supervision Agency (BDDK), Central Bank, Treasury, and Capital Markets Board (SPK) are all making timely decisions, Ateş stressed.
He added that the Turkish banking system is solid and that the Central Bank's decisions served to block speculation.
"Turkish people are able to overcome much bigger problems than speculative attacks," Ateş said.
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