Following the meetings in New York, where a large delegation of Turkey’s economy management traveled, teams from 4 foreign banks arrived in Turkey. Teams from Deutsche Bank, JPMorgan, Standard Chartered and HSBC will meet with different institutions.
Talks between Turkey and foreign banks will continue this week. According to Bloomberg HT, Deutsche Bank, JPMorgan, Standard Chartered, and HSBC teams will come to Turkey and meet with economic management and various institutions. The teams of four foreign banks will also meet with economists.
Turkey will host representatives of two credit rating agencies next week. S&P and Moody’s will hold meetings on Turkey.
Last week, the economic management met with foreign investors at meetings held at Goldman Sachs and Citi Group headquarters in New York.
At the meetings, the economic management shared the forecast that inflation would be below 20 percent for 2025, while forecasting a current account deficit below 2 percent and a budget deficit below 3 percent. In addition, the economic management also stated that there were expectations for a new rating increase.
Fatih Karahan, Governor of the Central Bank of the Republic of Turkey (CBRT), also presented at the meetings and commented on the MTP’s results and the steps taken to respond to investors’ questions.
