Risk Management Efficency & Growth
Risk management , efficency and improvement are the three key services supplied by BCD to SME’s . As risk management is essential for a sustainable and consistant economic activity this months issue is again on Risk Management.
There ara various issues coming on through March and April which will have effect on global and domestic economy. These coming developments will also effect SME’s directly.
While the US SP investors risk perception come to deepest level by 13,34 points (VIX) from 2010 to now, on the other hand it’s not the same at emerging markets and picture is changing rapidly to worse. BDI index which show the economic growth also come to its deepest level by 540 points from 2010 to now .
Turkey is going to face with FED – Fitch and Moodys rating explanation , TUIK enflation and unemployement figures within these months . Stagnation on February at domestic market , vitality of foreign rates , deposit interest rates increasing over % 10 , the news about the Citibank’s Akbank share sales and the news about other global banks restraint from Middle East – Africa and East Countries through by 2017 , coming elections are all the signs for SME’s to reevaluate their banks, suppliers and customers , cash flow and collection.
As this month is the month to set the 2014 balance sheet , it is strongly advised to SME ‘s to evaluate all these issues, while BCD giving service to SME’s with its ‘’ making the difference together ‘’ philosophy for these issues.