The Central Bank of Türkiye (CBRT) has revised its mandatory reserve requirements for loan growth to align credit expansion and composition with its disinflationary path. According to the new regulation, the monthly growth limit for foreign currency commercial loans has been reduced from 1.5% to 1%.
In its announcement regarding the macroprudential framework, the CBRT emphasized that the adjustment aims to ensure credit growth remains consistent with its disinflation strategy. For Turkish lira commercial loans, the monthly growth limit of 2% has been differentiated: 2.5% for SME loans and 1.5% for other commercial loans.
Exemption for SMEs
The CBRT also introduced an exemption for certain loans provided to SMEs. Specifically, Turkish lira loans extended to SMEs with support from KOSGEB (Small and Medium Enterprises Development Organization) or funds sourced from international development finance institutions under sustainability initiatives will not be subject to the loan growth limits.
This decision reflects the Central Bank’s efforts to support SMEs and sustainable development while maintaining a controlled credit growth framework that aligns with broader economic goals.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök