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YTSO met with the Managers of Public Banks.

25.07.2022

Upon the invitation of YTSO President Tahsin Becan, the consultation meeting held with the public bank managers at YTSO, together with Chairman Becan, YTSO Vice President Kenan Engin, YTSO Board Member Cemil Demiryürek, YTSO Council Members Muhammet Sarıoğlu, Serhat Turan, Financial Advisor Çetin Yavuz Secretary General. Taner Eris participated.

YTSO President Tahsin Becan said, “At the consultation meeting, we expressed our members' difficulties in terms of accessing the financial resources of the sectors and conveyed our suggestions to our esteemed Bank Managers. As I have stated before, the banking sector and the real sector act together on the same ship, and without the real sector, there would be no banking sector, so banks should be more sensitive, constructive and solution-producing in terms of our members' access to financial resources. It is important for our members to follow current economic conditions and arrange their own balance sheets, assets and liabilities, in-house accounting records as required by the conditions.

Especially in this period, it is important to support our industrialists and producers, and serious credit support is required for the investments to be made. In addition to the loan, support products must be offered to our members in suitable conditions for use. The biggest demand of our members from the banks is to reach the loan. We expect the support to increase for the development of our tradesmen and SMEs along with the support of access to credit at the point of costs and commissions.”

Kenan Engin, Vice Chairman of YTSO Board of Directors, emphasized that the limits on loans given to tradesmen through the Credit Guarantee Cooperative should be increased and that no additional guarantors should be requested in case of providing collateral or mortgage for the use of this loan, and stated that work should be done on this issue as well.

Public Bank Managers stated that “The demands of SMEs and businesses in Yalova Economy and the elimination of their problems will be conveyed to the headquarters and regional directorates, that they know that they are very important for the banking activities of the real sector and that they will try to help all members within the framework of the legislation, and that the meeting is very beneficial. They expressed their gratitude to the management.