“Turkish National Credit Rating Agency will be Established This Year”

 

Mehmet Ali Akben, President of the Turkish Banking Regulation and Supervision Agency (BDDK), answered the questions of journalists after “Rating Applications in Emerging Market Economies Seminar on China Example” held at Istanbul Commerce University.

Mehmet Ali Akben said, “Turkey’s government plans to establish a local credit rating agency” Answerin the questins of journalist.

” Turkish Banks or a private company also can build it, but it seems a bit difficult  at the moment. Of course, when this work is established, perhaps only within a few years the data will be collected. Expressing that the work for the national credit rating agency is continuing. Maybe establish would be with China or India, maybe if Fitch wil be partnership structure, The domestic credit rating agency will also contribute to the borrowing cost of banks.” he said.

“The rates on our Turkish lira for loans put 100 percent risk pressure. These organizations can reduce the risk to 20 in Turkey at the moment. Maybe they can bring it to zero. Lower credit score can be given in TL. Maybe they can also give you high. The important thing is to have a system and structure that company in Turkey. The history of the national credit rating agency is not clear at this time, but we want to bring it to a point this year. We are aiming to establish this year. Noting that there is no regulation or operation of the BDDK regarding ceiling application for deposit interest.” Akben said.

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El Yunque National Forestis Treatment greater than 28,000 acres, the El Yunque National Forest is a lush, humid jungle where dense foliage covers whatever from slinking serpents to croaking tree frogs. It’s the only tropical jungle in Puerto Rico, as well as site visitors originate from throughout the Carribean to witness both its beauty and biodiversity. Located in the city of Cabo Rojo on the southernmost pointer of Puerto Rico, the Los Morrillos Lighthouse is just one of those beautiful locations that you can only discover in the Caribbean. It’s perched in addition to white sedimentary rock high cliffs that are surrounded by salt marshes and also shallows, as well as the waves crash against the high cliffs with a violence that’s stunning however lovely. Cayo Santiago is a little stretch of land off the eastern coastline of Puerto Rico.

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An intriguing reality is that, according to a research study executed as soon as, Puerto Ricans are the happiest nation on the planet. If this is true, it would certainly suggest that the well-known statement that cash does not bring joy has a grain of reality in it. It is approximated that nearly half of the occupants of Public Relations deal with destitution, which can be seen while circumnavigating the island. Because Puerto Rico is an island, it is certainly an airplane Or a ship, if you intend to connect on Public Relations throughout a cruise ship in the Caribbean. The primary airport in San Juan the funding is well gotten in touch with major United States cities. From what I keep in mind, our flight from Atlanta lasted 3 hrs It is best to rent an automobile in Puerto Rico as well as circumnavigate the island this way. We had the chance to use the general public Puerto Rico transportation just once, in the form of a ferryboat, as well as if all the rest works according to similar guidelines, I highly advise this cars and truck than stressful Suggestion – it’s actually worth renting an automobile with a greater suspension. We did not know regarding it as well as we chose to buy some little gingerbread as a result of the most effective rate. We swiftly regretted this decision, because some edges of Puerto Rico are best explored with a 4×4 SUV. Caribbean, an island between the Caribbean Sea and the North Atlantic Ocean, eastern of the Dominican Republic, strategically located on the Mona Strait – a vital course to the Panama Canal; San Juan is one of the largest as well as best all-natural harbors in the Caribbean; a large number of tiny rivers as well as high mountains in the facility of the country make sure excellent irrigation of the country; the south coast is reasonably dry; in the north, a productive strip of coastal plains. No person flies to Puerto Rico to see its cool federal government structures. You want enjoyable in the sun. The bright side is that Flamenco Coastline will live up to your daydreams and after that some. Not only does it offer white sand and also blue water that shimmies on the horizon, yet it likewise flaunts bathrooms, lifeguards, food stands, volley ball nets and also vacationer stations where you can rent out devices for points like snorkeling as well as diving. Puerto Rico’s economic climate is just one of one of the most dynamically establishing in the Caribbean. The varied market has actually clearly exceeded agriculture as the major driving pressure of the economy and an income. Considering that the 1950s, American business have actually been investing heavily on the island, motivated by duty-free access to the US market as well as tax obligation breaks. The island has US base pay laws. Sugar manufacturing shed its leading setting in farming to dairy and animals production. Tourism is traditionally an important source of income, it is approximated that Puerto Rico was gone to by virtually 5 million people in 2004. 2001-03 saw a decrease in financial growth, primarily because of the United States economic downturn; in 2004-05 there was an economic growth, and in 2006-07 it dropped once again. Puerto Rico is one of the most dynamically creating Caribbean nations. The varied market has outdone agriculture and is currently the primary source of income. Since the 1950s, American business have been buying the island, urged by the duty-free exchange with the UNITED STATES as well as tax incentives. The island goes through US minimum wage regulation. Sugar production lowered, as well as the dairy products market and animals production ended up being the major income. Tourism has actually been an essential source of income for several years. It is estimated that in 1999 Puerto Rico was visited by 5 million tourists. The diagnosis for 2000 is good, supplied that the financial boom in the US as well as the growth patterns in tourism and also building and construction proceed. Everybody wanted an item of the New Globe, and everybody was willing to fight to get it. No place is this more evident than the Castillo San Felipe del Morro. Officially referred to as La Ruta del LechĂłn, the Pork Highway is precisely what it sounds like: a three-mile stretch of roadway where every restaurant concentrates on pork. The most preferred sort of pork is lechĂłn, a special recipe in Puerto Rico that includes spit-roasting an entire pig with a mix of sauces as well as flavors. Get your blood pumping with a trip to the Toro Verde Theme park in main Puerto Rico. It offers ziplines, rope training courses and rock climbing up obstacles that are guaranteed to make you pee your pants a little when you understand simply what you’ve obtained into! The park’s main attraction is “The Beast,” which is noted in the Guinness Publication of World Records as the longest zipline on the planet. With patched roads, active plazas and also colorful homes that pile together like foundation of yellow, blue, eco-friendly, orange and turquoise, Old San Juan is among the most vivid areas to see in Puerto Rico. This is why places like Isla Culebrita exist. Isla Culebrita is an unoccupied island off the coast of eastern Puerto Rico. It’s only about a mile long, as well as gain access to is restricted to ferryboats as well as water taxis. Museo de Las Americas There are many galleries in Puerto Rico, however just a handful are really about Puerto Rico. The Museo de Las Americas is among these precious areas. It has artefacts, tokens and textiles from loads of aboriginal groups that resided in Latin America before it was colonized, as well as it can take you on a multi-continental journey via background. If you such as to eat, Mayaguez is the city for you. It’s home to whatever from fine eating establishments to open-air cafes with huge, colorful umbrellas, so you’ll have lots of alternatives when your belly starts growling. El Yunque National Forestis Covering more than 28,000 acres, the El Yunque National Forest is a lush, humid rainforest where thick vegetation covers whatever from slithering snakes to croaking tree frogs. It’s the only exotic rainforest in Puerto Rico, and site visitors originate from all over the Carribean to witness both its charm as well as biodiversity. Situated in the city of Cabo Rojo on the southernmost tip of Puerto Rico, the Los Morrillos Lighthouse is just one of those stunning locations that you can just discover in the Caribbean. It’s perched on top of white sedimentary rock high cliffs that are surrounded by salt marshes and also lagoons, and the waves accident against the high cliffs with a physical violence that’s shocking yet stunning. Cayo Santiago is a small stretch of land off the eastern coastline of Puerto Rico.

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