Treasury and Finance Minister Berat Albayrak, who explained the new measures taken against the movements in the markets, said: "We continue to implement our action plan, which we took to relieve our banks and the real sector after rising foreign currencies."

In his statement, Minister Albayrak stated that a number of relaxing measures were implemented within the context of real sector bank loans today, stressing that each firm's situation will be evaluated carefully and acted on the basis of reciprocal goodwill.

"As the Treasury and Finance Ministry, while we resume making our policies to preclude the effects of economic attacks that started against our country and to provide Turkey with a stronger economic basis, we also continue to implement our plan to relieve our banks and real estate sector after rising foreign currencies," the ministry said.

The ministry stressed that they would open credit channels and continue to provide flexibility in maturity and pricing to warrant companies. Limit excesses, loan limit of companies identified in a policy, the ministry will ignore concerning rising currencies. The ministry will also not claim collateral warranties from companies.

ILKHA