Alpaslan Çakar

The targets in the Medium-Term Program (MTP) announced by the government after the elections are realistic, says Alpaslan Çakar, president of the Banks Association of Türkiye, adding that there is a correlation between all the figures.

The top executives of the three Turkish state lenders - Ziraat, Halkbank and Vakıfbank - have pledged to grant loans to Turkish businesses in a bid to support economic development and increase prosperity.

General managers of Turkey's three state banks met with businesspeople in the northwestern province of Bursa on Feb. 3.

The Turkish banking sector is "very strong," said the Central Bank governor on Nov. 25 after meeting with public and private banking officials and bank CEOs.

The Turkish banking sector is also one of the most successful ones in the world, Şahap Kavcıoğlu told a group journalists after the meeting in Istanbul, Turkey's commercial capital.

The total assets of Turkish state-owned lender Ziraat's have exceeded 1 trillion Turkish Liras ($114.3 billion), its CEO, Alpaslan Çakar, said during a parliamentary commission session on June 17.

"It is seen that we have given support to the economy with loans worth 743 billion liras [$84.9 billion]," he told members of the committee on public enterprises.

The Turkish Banking Association (TBB) on April 21 elected Alpaslan Çakar, the general manager of Ziraat Bank, as its new chairman.

In a statement, TBB said elections for the chairman of the board of directors and vice chairman were held at the board meeting.