Economics

Turkish Central Bank, Lenders Meet Before Markets Open

The Istanbul Finance Centre.
Photographer: Moe Zoyari/Bloomberg

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By Asli Kandemir and Beril Akman

March 23, 2025 at 9:35 AM UTC

Updated on

March 23, 2025 at 3:21 PM UTC

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Turkish central bank officials held a “technical meeting” with commercial lenders on Sunday to prepare for potential market volatility after a key opposition politician was formally arrested.

The meeting discussed “the latest developments in markets,” according to a statement from the Turkish Banks Association.