Parliament's 15 July Commemoration: Symbolic Gesture Reflecting Turkey's Economic and Political Transformation

The Turkish Grand National Assembly is set to hold a commemoration program on the 10th anniversary of the FETÖ's coup attempt, marking the 15 July Democracy and National Unity Day. This symbolic event reflects the complex relationship between Turkey's political history and economic future. While the program aims to strengthen national unity in public opinion, it also has notable implications for the banking sector. The slowdown in KOBİ lending and commercial credit growth is proceeding in line with the Central Bank's macroprudential measures, which could exert significant pressure on markets.