MALATYA - "It would take a new law to move the Central Bank of Turkey from Ankara to Istanbul. If the parliament approves such a draft law, the Central Bank moves to Istanbul," Turkish Central Bank Governor Durmus Yilmaz said on Thursday.
Yilmaz was in the southeastern city of Malatya attending a conference sponsored by the Malatya Chamber of Commerce.
Yilmaz pointed out that "there are many things to be done aside from moving the Central Bank to Istanbul."
"If the government increases public expenditures in an election year, we will make public all these expenditures. We will continue to make decisions based on the resources we possess," stressed Yilmaz.
Meanwhile, the Central Bank announced weekly figures today.
As of September 1st, 2006, consumer credits reached 42.7 billion YTL.
According to the Central Bank, real-estate credits reached 20.8 billion YTL, motor vehicles credits reached 6.6 billion YTL, and other loans reached 15.3 billion YTL.
Individual credit cards spendings have reached an amount of 20.3 billion YTL as of September 1st. (1 USD equals 1.46 YTL)