The Central Bank of the Republic of Türkiye raised four loan growth caps by 0.5 percentage points, measured over eight weeks. The new limits are 3.5% for consumer general purpose and vehicle loans, 5.5% for Turkish lira loans to small and medium enterprises and 2.5% for other lira business loans. Banks and financing companies will also receive lira remuneration on required reserves against non-deposit liabilities denominated in lira or foreign currencies with maturities longer than one year.
Policy & regulationRules & requirementsMacroprudential policy and toolsLending
The Central Bank of the Republic of Türkiye has raised loan growth limits across four lending categories by 0.5 percentage points and expanded remuneration of required reserves. The growth caps, measured over eight weeks, increase from 3% to 3.5% for consumer general purpose and vehicle loans. Turkish lira business lending retains separate ceilings for small and medium enterprises and other companies, rising from 5% to 5.5% and from 2% to 2.5%, respectively.
Banks and financing companies will receive remuneration in Turkish lira on required reserves maintained against non-deposit liabilities with maturities longer than one year. This covers liabilities denominated in either Turkish lira or foreign currencies.
The Central Bank of the Republic of Türkiye revised its loan growth-based reserve requirement practice, tightening monthly loan growth limits to support disinflation. The foreign currency commercial loan growth limit was reduced to 1%, while the Turkish lira commercial loan limit was adjusted to 2.5% for SME loans and 1.5% for other loans. SME…