New Proposal To Lower Hıgh-ınterest Rates!
In recent months, the rise is not stopped and the sector is working to reduce interest rates on housing loans that are starting to affect negatively. According to Cahit Saracoglu from Yeni Şafak, experts believe that lowering of high-interest housing loans can be achieved only by the interest rate cuts of public banks. On the other hand, the only way to reduce interest rates for public banks is to provide loan for the projects.
The interest rates on the housing loans are closely monitored by the government. Prime Minister Recep Tayyip Erdogan who is President of the Republic of Turkey, talked about the high-interest rates, the economic staffs continue to work. After evaluations among the economy staff, we understand that “We serve the mechanism that the West imposes on the countries like us and the added value of the inside is the source of interest to the West, and we must understand that the President is in a position to stand against it.”
TENDENCY CALL FOR INVESTMENT CREDIT
It is stated in the study conducted by the economic staffs that the banking sector will be able to see the loans when they are used in long-term investments instead of short-term high warranted rates. It is important for the banking sector to turn to investment loans instead of short-term loans with the high warranted load for the economy by looking at the profit from the profit of the banking sector or to open the front of loans that support investment and production instead of consumption increasing loans.