The growth limit for foreign currency loans has been reduced from 1% per month to 0.5%.
The türkiye Central Bank (TCMB) has implemented changes in the reserve requirement regulation based on credit growth to support its tight monetary stance, considering the recent developments in foreign currency loans.
Accordingly, the monthly growth limit for foreign currency loans has been lowered from 1% to 0.5%.
Additionally, the scope of loans exempt from the foreign currency loan growth limit has been narrowed.
Source: Foreks/ Prepared by: İlayda Gök