TÜROB; Northern Cyprus Should Be Exempt from the Credit Card Installment Restriction...

As TÜROB the Association of Turkish Hoteliers, we are of the view that our motherland Northern Cyprus should be excluded from the scope of the installment restriction imposed on credit cards by the BDDK. In our opinion, it is not at all appropriate to classify Northern Cyprus, with which we stand in solidarity at all times and in every field, as a foreign country. We believe that, in addition to negatively affecting holidaymakers’ plans, the practice will have adverse repercussions for Northern Cyprus, whose economy depends largely on tourism, and for the tourism businesses operating in the country. For this reason, our fundamental expectation is that the credit card installment restriction be lifted for our motherland Northern Cyprus.