The Turkish banking sector is "very strong," Central Bank head Şahap Kavcıoğlu said in a statement on Thursday after meeting with public and private banking officials and bank CEOs.
The Turkish banking sector is also one of the most successful in the world, Kavcıoğlu told a group of journalists after the meeting in Istanbul, Turkey's commercial capital.
Along with a number of bank CEOs, he met with Banking Regulation and Supervision Agency (BDDK) Chairman Mehmet Ali Akben and Banks Association of Turkey (TBB) head Alpaslan Çakar.
On Wednesday, President Recep Tayyip Erdoğan spoke with Kavcıoğlu in a closed-door meeting.
Kavcıoğlu's remarks came amid fluctuating foreign exchange rates in the wake of interest rate cuts by the Central Bank.
In a Tuesday statement, the bank decried "unhealthy" and "unrealistic" price formations in foreign exchange markets, saying they are completely detached from economic fundamentals.
