Gündem Haberleri

    Imar Bank Payments Were Approved By IMF

    Hürriyet Haber
    13.10.2003 - 00:00 | Son Güncelleme:

    One of the issues discussed with the IMF mission next week was the payments for the debt of the Imar Bank. The IMF mission under Reza Mogadham examined and approved the plan of the government regarding these payments in a meeting, which State Minister Ali Babacan also attended. Following this meeting, the economy administration gathered and took up the framework of payments. The economy administration will most probably offer the government to pay 15 billion TL to the creditors and depositors of the Imar bank at the first stage. In that case the cash amount, that would be paid to the depositors of the Imar bank will be about 3.5 quadrillion TL. The deposits in the bank that are above 15 billion, will be paid in installments in 36 or 48 months. The interest rate, which will be applied on these installments will be at inflation rate.
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