BDDK
- Business
Contactless Payment Limit Raised to TRY 2,500
ANKARA — The password-free transaction limit for contactless payments made via cards and mobile devices has been increased from TRY…
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Turkiye’s BİM Applies to Establish Participation Bank, Expanding Into Financial Services
Turkish discount retailer BİM has applied to the Banking Regulation and Supervision Agency (BDDK) on Dec. 24 to establish a…
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Türkiye’s FX-Protected Deposit Balances Fall Below ₺20 Billion
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), balances in the FX-Protected Turkish Lira…
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Turkiye’s Banking Sector Net Profits Rise 18% as Total Assets Surpass $1 Trillion
Profits up 18% year-on-year, while total banking sector assets exceed $1T as of end-October Net profits of Türkiye’s banking sector…
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BDDK Introduces New Regulation on Liquidity Adequacy Ratios for Savings Finance Companies
Türkiye’s Banking Regulation and Supervision Agency (BDDK) has introduced new rules governing the liquidity adequacy ratios of savings finance (tasarruf…
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Turkish Lira-Protected Deposit Balances Fall Below 100 Billion Lira
The balance of Turkish lira-protected deposits (KKM) dropped below 100 billion lira, according to the latest data released by the…
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Turkiye’s Banking Sector Net Profits Surge to $16.16 Billion in First Nine Months of 2025
Net profits of Türkiye’s banking sector totaled 669.7 billion Turkish Liras ($16.16 billion) in January-September, the banking authority has said.…
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Turkiye’s Banking Sector Expands Lending to $607 Billion, Led by Manufacturing and SMEs
Türkiye’s banking sector extended the highest volume of loans to the manufacturing industry as of the end of August, according…
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Turkiye’s Banking Sector Posts $13.7 Billion Net Profit in August, Up 21% Year-on-Year
Net profits of Türkiye’s banking sector in August totaled 563.4 billion Turkish liras ($13.76 billion), the country’s banking watchdog said.…
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Turkish Currency-Protected Deposits Decline as Central Bank Ends Scheme
According to the Banking Regulation and Supervision Agency’s (BDDK) weekly bulletin, currency-protected Turkish lira (TL) deposit and participation accounts declined…
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