ISTANBUL Following the termination of the FX-Protected Deposit Scheme (KKM) and a downward trend in interest rates, attention in Türkiye is shifting back to the real estate market. The Central Bank last month decided to terminate the opening and renewal of KKM effective Aug. 23. The KKM balance was 427 billion Turkish Liras as of Aug. 22, according to data from the banking watchdog BDDK. Real estate expert Mustafa Hakan Özelmacıklı commented that: “With the end of KKM, we expect these funds to

Tag-uri: Real Estate