TCMB Implements Measures to Support Tight Monetary Policy and Maintain Balance in Loan Growth
The Central Bank of the Republic of Turkiye (TCMB) has reduced the monthly growth limit for foreign currency loans from 2% to 1.5%, while keeping the monthly growth limit for Turkish lira (TL) loans unchanged at 2%. This move is part of TCMB’s ongoing efforts to support a tight monetary policy stance.
In its announcement, TCMB stated that the changes aim to align credit growth with the disinflation path and preserve the share of TL loans. The statement read, “As part of these measures, the monthly growth limit for foreign currency loans has been reduced from 2% to 1.5%, while the growth limit for TL loans remains at 2%. Additionally, the scope of the exemption for investment loans has been expanded. Investment loans provided under resources from international development finance institutions will be exempt from both TL and foreign currency loan growth limits.”
Source: Bloomberght / Prepared by Irem Yildiz
