Financial Stability Committee meets: Efforts will continue with a holistic approach

The Financial Stability Committee met under the chairmanship of Minister of Treasury and Finance Mehmet Şimşek. The meeting addressed recent developments in loans, particularly consumer loans, and their impact on financial stability. Additionally, the steps required to ensure that credit growth remains consistent with financial stability were evaluated.

A press release was issued following the meeting. The statement is as follows:

"REGARDING THE FINANCIAL STABILITY COMMITTEE MEETING

PRESS RELEASE

FEBRUARY 9, 2024

The Financial Stability Committee met on February 9, 2024, under the chairmanship of Minister of Treasury and Finance Mr. Mehmet Şimşek.

During the meeting, recent developments in loans, particularly consumer loans, and the impact of these developments on financial stability were discussed, and potential measures were deliberated.

The steps that need to be taken to ensure that credit growth and composition remain consistent with financial stability were evaluated in detail.

The Committee continues its work with a holistic approach to protect financial stability, which is one of the most important elements of balanced and sustainable high growth.

Respectfully announced to the public"

News Source: 12punto