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Turkish senior banker wins top award PDF Print E-mail
Monday, 28 September 2009
ShareHere is another vote of confidence for the Turkish financial system - more specifically, for the governor of the Central Bank of Turkey, Durmuş Yılmaz.

His stewardship during these hard times has earned him the prestigious award of Central Bank Governor of the Year, by Euromoney.  He picks up his award in Istanbul, in October.

It seems that whilst the 'expert' bankers in the the western world were screwing up on an unprecedented scale, and then scratching their heads on how to get us out of this mess, the governor of the Central Bank of Turkey has been showing them how things should be done.

He has been widely praised by senior economists for his actions, particularly in relation to the management of interest rates.  It's another bit of reassurance for people who have invested money over here - even though savings rates have been steadily coming down.

Incidentally, his surname is quite appropriate for someone with such a tough job.  Yılmaz means undaunted, unflinching.

You can read more about this on the websites of Today Zaman and Hurriyet Daily News

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Last Updated on Saturday, 26 September 2009