The President of TOBB, Hisarcıklıoğlu, called on banks to reflect the interest rate cut on loans. The President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), Rifat Hisarcıklıoğlu, shared a post on social media regarding the Central Bank’s interest rate cut. Hisarcıklıoğlu pointed out that the Central Bank reduced the policy rate by another 2.5 points, bringing it down to 42.5%, indicating a total reduction of 7.5 points in 3 months. Hisarcıklıoğlu drew attention to the fact that banks immediately reflect these cuts on deposit interest rates but do not lower commercial loan interest rates by the same rate. He noted, “What are the banks waiting for to lower commercial loan interest rates? We expect them to prioritize reflecting these cuts on SME loan rates to support production, investment, and employment. Restrictions imposed on commercial loan growth also increase costs in the economy, limit supply, and create inflationary pressures. It is necessary to review the constraints on commercial loan growth, starting with SME loans.”