23.03.2025 14:10
It has been learned that the Central Bank has called an emergency meeting for bank executives today following the arrest of Istanbul Metropolitan Municipality Mayor Ekrem İmamoğlu in a corruption investigation.
After the arrest of Istanbul Metropolitan Municipality Mayor Ekrem İmamoğlu, the management of the Central Bank of the Republic of Turkey (CBRT) will also meet with bank executives.
A STATEMENT WILL BE MADE AFTER THE MEETING
The meeting with the Banks Association of Turkey (BAT) is expected to start at 15:00. It was stated that BAT will make a statement after the meeting.
THEY HAD TAKEN ACTION AFTER THE DETENTION
Following İmamoğlu's detention, the CBRT had implemented a series of measures. The CBRT, which raised the overnight lending rate with an extraordinary meeting, had also decided to suspend weekly repo auctions. The CBRT had indicated that it would start issuing liquidity bonds as part of its liquidity management efforts.