Union of Chambers and Commodity Exchanges of Turkey

26.12.2024 / Ankara

The President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), M. Rifat Hisarcıklıoğlu, said in a statement regarding the Central Bank’s policy rate cut, “The Central Bank reduced the policy rate by 250 basis points to 47.50 percent after about two years. Now it is the banks’ turn. We expect them to reflect this discount primarily on SME loan interest rates and to support production and employment.” ​