Turkey’s central bank governor, Naci Agbal, has resigned from his position and pointed to a campaign against her as the reason behind her departure. The move comes after Agbal was appointed only four months ago to help stabilize the country’s struggling economy. Agbal is known for his commitment to maintaining the independence of the central bank and his efforts to combat inflation. His resignation has raised concerns about the future direction of Turkey’s monetary policy and the possibility of further political interference in the central bank. The Turkish lira has already experienced significant volatility following the news of Agbal’s resignation.
Turkey’s central bank governor calls it quits.
![](https://bankingpeek.com/wp-content/uploads/2023/10/A-bank_s-cybersecurity-team-in-a-high-tech-security-operations-center-1.4.webp)
Latest from News
![](https://bankingpeek.com/wp-content/uploads/2024/01/bankingpeekcustomimages18-720x480.png)
Australian Fintech Stables launches money transfers between Aus and Philippines.
TLDR: Stables has launched international remittances between Australia and the Philippines. Users can now send Australian Dollars or Philippine Pesos using stablecoins. Stables, an
![](https://bankingpeek.com/wp-content/uploads/2024/01/bankingpeekcustomimages42-720x480.png)
Brazilian FinTechs struggle with rising delinquency rates, feeling the heat.
TLDR: Delinquency rates on unsecured loans offered by Brazilian FinTech firms like Open Co, Nexoos, and Gyra+ have exceeded 60%, impacting the asset-backed credit
![](https://bankingpeek.com/wp-content/uploads/2024/01/bankingpeekcustomimages3-720x480.png)
Goldman Sachs-backed startup mulls sale amid Fintech slowdown, sources report
TLDR: Deserve, a credit card software company valued at $500 million, is considering selling itself amid a fintech slowdown. The company, backed by high-profile
![](https://bankingpeek.com/wp-content/uploads/2024/01/bankingpeekcustomimages41-720x480.png)
ICBA ThinkTECH Showcase: The Future of Fintech Unveiled
TLDR: ICBA hosted the ThinkTECH Showcase during its national convention, highlighting fintech solutions for community banks. Ten weeks of intense discovery and refinement culminated
![](https://bankingpeek.com/wp-content/uploads/2023/10/A-bank-employee-assisting-a-customer-with-a-video-call-through-a-virtual-teller-service-1.2.webp)
Revolut & Sui: Elevating Knowledge with Blockchain Education.
TLDR: Revolut and Sui have partnered to launch a new blockchain education tool called the Learn programme. This collaboration aims to educate Revolut’s user