Cevdet Yılmaz on fund crisis: temporary problem, no structural issue

Published 26 Sept, 12:18 Updated 26 Sept, 13:11 Photo: Ekonomim

This story is from 26 September 2026.

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe 8 Oct, 22:38

Vice President Cevdet Yılmaz said the fund crisis was a temporary problem emerging in a limited area and there was no structural problem. He said the necessary administrative and judicial measures had been taken.

Yılmaz spoke at the 27th Business World Summit organised by TÜRKONFED in Elazığ. Yılmaz, who said macroeconomic fundamentals were solid, stated that once the problem is overcome capital markets will continue stronger than before.

Cevdet Yılmaz on fund crisis: temporary problem, no structural issue

Fund Investigation News Series

Where it began 16 Sept 2026 Tera Portföy declares default in two funds, payment periods extended in six funds

8 Oct 2026 22:38 İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.
8 Oct 2026 20:40 Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.
8 Oct 2026 16:40 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).
8 Oct 2026 16:40 YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.
26 Sept 2026 12:18 Cevdet Yılmaz on fund crisis: temporary problem, no structural issue Vice President Cevdet Yılmaz said the fund crisis was a temporary problem emerging in a limited area and there was no structural problem. He said the necessary administrative and judicial measures had been taken.