Speaking at the largest videoconference for entrepreneurs “How to overcome the crisis together”, organized by Ziarul Financiar and Banca Transilvania on Tuesday, Tetik said each company started to build survival and financial development plans and many entrepreneurs reinvented themselves and started to create other businesses.
Tetik pointed out that the collaboration between the banking system, the tax administration and companies was not so good in the past, but, he added, once the medical crisis had passed, we can focus more on relaunching the economy.
Tetik also spoke about a sudden plunge in lending, as some people do not go out of the house, some have no financial power and some are on standby, emphasizing there is not a good idea to make investments during a period of high volatility.
Tetik concluded saying that, after overcoming this period, one must assess the damages in the economic sectors, adding investment programs had already been unveiled, the local banking system is well prepared and the market liquidity is pretty high compared to other countries.