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WORLD Side Newspaper and Apparel Industry Association (KYSD), organized by the World Economic Developments and Turkey and BASEL 2n Effects panel discussion was held earlier in the day. President of the World Newspaper General Director Osman S. President KYSD Speaking at the panel, which manages Arolat Hero Ozturk, Garment and apparel to work after the 1980s began fasonculukl Turkey, currently the world\'s third largest country in the position. Our aim is Turkey\'s second largest country he said. Ozturk, Turkey\'s textile sector by qualifying as the leading sector, can not be ignored, he stressed.
Alkin: There will be crises in the next 50 years
Evaluating the developments in the economy, DÜNYA Newspaper writer Prof. Dr. If Erdoğan Alkin in the US over the next 50 years and will be the economic crisis in Turkey. The fluctuation in exchange rates is not only our problem, it is experienced all over the world. This is because there was not so much money in the world before 1980, he said. Alkin gives examples of the growth of world countries, looking at the hands of the USA consumer all over the world. Although China has achieved a great growth, it is not consuming. If the US consumer continues to consume, the world economy will continue to grow. If shopping cuts, all sectors of the US consumer will be affected, he said.
Explaining the macroeconomic data, Alkin said that inflation did not go bad despite the increase in exchange rates and that it could rise 10 percent or 9.98 percent at the end of the year. Alkin, who evaluated the volatility in the markets recently, said that there may be unfavorable days ahead, but I believe that there will be more good days.
Sezgin: We must improve our rating
Garanti Bank Board Member Dr. Cüneyt Sezgin, regarding the fluctuations in the markets, Risk is part of his business life. If you manage well, it creates opportunities, if you cannot manage it creates serious danger. BASEL 2n the banks and save the real sector would bring some obligations Sezgin, Turkey had previously percent of risk 0 count because of the OECD countries, BASEL 2 after will disappear this criterion, only stressed that the rating of the country. Sezgin, Turkey\'s (BB-) stating that should boost the rating is, we risk if we can not fix our Ratingia will increase to 100 percent. According to BASEL 2, they will now look at how you manage risk and what your rating is. In the past, they could come looking at high interest rates. Now they will look at our rating report, he said.
It will provide advantage to SMEs
Turnover said both retail and SMEs with less than 50 million euros in the corporate portfolio can be evaluated Sezgin, a majority of companies operating in Turkey will be classified as SMEs. A special privilege has been introduced for SMEs. The risk weight will be reduced. With the privilege granted to SMEs, SME loans will be a portfolio that banks want to grow. When the turnover of the firm is less than 50 million Euros, the capital requirement will be calculated less so that SMEs will have an advantage over large-scale companies. He said that the better the firm\'s rating, the less risk and capital requirement of the loan to be provided to that firm for the bank.
DÜNYA Newspaper writer Rüştü Bozkurt explained how the behaviors of employers and employees affect the quality of profits and said: competition equilibrium area. Bozkurt explained the principles and rules that employers and employees should comply with, and warned entrepreneurs against the risks they may face.
After the panel, KYSD President Kahraman Öztürk presented plaques to Arolat, Alkin, Bozkurt and Sezgin, TÜYAP Deputy General Manager Serdar Yalçın and DÜNYA Newspaper Cağaloğlu Representative Metin Şend who organized the panel. On the other hand, a book on the scope of BASEL 2 and its effects on the real sector, prepared by Garanti Bank, was distributed at the panel. In the book, it is stated that with BASEL 2, which will come into force in January 2008, the loan costs provided to the real sector will increase relatively and credit limits will decrease to a certain extent.
WORLD Side Newspaper and Apparel Industry Association (KYSD), organized by the World Economic Developments and Turkey and BASEL 2n Effects panel discussion was held earlier in the day. President of the World Newspaper General Director Osman S. President KYSD Speaking at the panel, which manages Arolat Hero Ozturk, Garment and apparel to work after the 1980s began fasonculukl Turkey, currently the world\'s third largest country in the position. Our aim is Turkey\'s second largest country he said. Ozturk, Turkey\'s textile sector by qualifying as the leading sector, can not be ignored, he stressed.
Alkin: There will be crises in the next 50 years
Evaluating the developments in the economy, DÜNYA Newspaper writer Prof. Dr. If Erdoğan Alkin in the US over the next 50 years and will be the economic crisis in Turkey. The fluctuation in exchange rates is not only our problem, it is experienced all over the world. This is because there was not so much money in the world before 1980, he said. Alkin gives examples of the growth of world countries, looking at the hands of the USA consumer all over the world. Although China has achieved a great growth, it is not consuming. If the US consumer continues to consume, the world economy will continue to grow. If shopping cuts, all sectors of the US consumer will be affected, he said.
Explaining the macroeconomic data, Alkin said that inflation did not go bad despite the increase in exchange rates and that it could rise 10 percent or 9.98 percent at the end of the year. Alkin, who evaluated the volatility in the markets recently, said that there may be unfavorable days ahead, but I believe that there will be more good days.
Sezgin: We must improve our rating
Garanti Bank Board Member Dr. Cüneyt Sezgin, regarding the fluctuations in the markets, Risk is part of his business life. If you manage well, it creates opportunities, if you cannot manage it creates serious danger. BASEL 2n the banks and save the real sector would bring some obligations Sezgin, Turkey had previously percent of risk 0 count because of the OECD countries, BASEL 2 after will disappear this criterion, only stressed that the rating of the country. Sezgin, Turkey\'s (BB-) stating that should boost the rating is, we risk if we can not fix our Ratingia will increase to 100 percent. According to BASEL 2, they will now look at how you manage risk and what your rating is. In the past, they could come looking at high interest rates. Now they will look at our rating report, he said.
It will provide advantage to SMEs
Turnover said both retail and SMEs with less than 50 million euros in the corporate portfolio can be evaluated Sezgin, a majority of companies operating in Turkey will be classified as SMEs. A special privilege has been introduced for SMEs. The risk weight will be reduced. With the privilege granted to SMEs, SME loans will be a portfolio that banks want to grow. When the turnover of the firm is less than 50 million Euros, the capital requirement will be calculated less so that SMEs will have an advantage over large-scale companies. He said that the better the firm\'s rating, the less risk and capital requirement of the loan to be provided to that firm for the bank.
DÜNYA Newspaper writer Rüştü Bozkurt explained how the behaviors of employers and employees affect the quality of profits and said: competition equilibrium area. Bozkurt explained the principles and rules that employers and employees should comply with, and warned entrepreneurs against the risks they may face.
After the panel, KYSD President Kahraman Öztürk presented plaques to Arolat, Alkin, Bozkurt and Sezgin, TÜYAP Deputy General Manager Serdar Yalçın and DÜNYA Newspaper Cağaloğlu Representative Metin Şend who organized the panel. On the other hand, a book on the scope of BASEL 2 and its effects on the real sector, prepared by Garanti Bank, was distributed at the panel. In the book, it is stated that with BASEL 2, which will come into force in January 2008, the loan costs provided to the real sector will increase relatively and credit limits will decrease to a certain extent.