BusinessTurkiye

Turkish Central Bank Implements New Measures to Support Tight Monetary Policy Stance

TCMB Announces Adjustments to Macroprudential Framework to Align Credit Growth with Disinflation Path

The Central Bank of the Republic of Turkiye (TCMB) has taken new steps to support its tight monetary policy stance. In a recent announcement, TCMB detailed changes to the macroprudential framework aimed at aligning credit growth with the disinflation path and maintaining the share of Turkish lira (TL) loans.

The announcement stated, “In this context, the monthly growth limit for foreign currency loans has been reduced from 2% to 1.5%, while the monthly growth limit for TL loans remains unchanged at 2%. Additionally, the scope of the exemption for investment loans has been expanded. Investment loans provided under resources obtained from international development finance institutions will be exempt from TL and foreign currency loan growth limits.”

Source: AA / Prepared by Irem Yildiz

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