Turkish presidential adviser Ertem says 2017 economic growth to be 4-4.5 percent with fund contributing 1-1.5 percentage points

Market news

20 April 2017

Turkish presidential adviser Ertem says 2017 economic growth to be 4-4.5 percent with fund contributing 1-1.5 percentage points

Q1 growth to be somewhat better than q4
Banks provide credit under guarantee fund at average rate of 14 percent, expects rate to fall
Aims for credit guarantee fund to reach volume of 180-200 bln lira by end-year
Says 137.3 bln lira of loans have been provided under credit guarantee fund

Forex option contracts rolling off today at 14.00 GMT:

Major European stock exchanges trading in the green zone: FTSE 7126.45 +12.09 + 0.17%, DAX 12019.81 +3.36 + 0.03%, CAC 5029.16 +25.43 + 0.51%

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