Central Bank of the Republic of Turkey (CBRT) Governor Fatih Karahan met with the Board of Directors of the Participation Banks Association of Türkiye (TKBB) in a regular meeting. The meeting was attended by TKBB Board Chairman Mehmet Ali Akben and board members.
During the meeting, current developments in the global economy, macroeconomic outlook, monetary policy practices and financial conditions were discussed. Karahan shared current developments and expectations regarding these topics with the board members.
Additionally, the current state of the participation banking sector, prominent developments and future period expectations were evaluated. TKBB Board Chairman Akben and board members also conveyed their views on the sector.
In the meeting, the importance of the strong cooperation between the CBRT and the participation banking sector was emphasized, while the contribution of mutual consultation and coordination to the healthy development of the sector was discussed.
Stating that the meeting was productive, Karahan and Akben expressed their satisfaction with the continuation of the constructive cooperation between the institutions.
It was reported that these periodic meetings are held for the purpose of evaluating current developments regarding the participation banking sector, strengthening coordination in areas of joint work, and effectively maintaining the consultation mechanism between public authorities and the sector.