The Central Bank of the Republic of Türkiye has announced simplification measures for its reserve requirement regulation, including ending a provisional zero percent reserve requirement for increases in certain long-term foreign currency (FX) liabilities and revising FX reserve requirement ratios across several liability categories. The zero percent reserve requirement that applied until end-2025 to the amount of increase in FX liabilities with maturities longer than one year that banks and financing companies obtain directly from abroad will not be extended. Under the revised FX reserve requirement ratios, FX demand deposits and deposits/participation funds with maturities up to one month fall to 30% from 32%, while longer maturities are set at 26% (previously 22% to 28%). For precious metal deposit accounts, demand and up to one month rises to 30% from 28%, and longer maturities are set at 26% (previously 24% to 28%). For other FX liabilities, the ratio remains 21% for maturities up to one year, and is reduced to 10% (from 16%) up to two years, 8% (from 11%) up to three years, 3% (from 7%) up to five years, and 0% (from 5%) for maturities longer than five years. Reserve requirements under the new ratios will be maintained on 16 January 2026.
Central Bank of Türkiye 2025-12-02
Central Bank of the Republic of Türkiye withdraws year-end zero reserve requirement on certain long-term external FX liabilities and revises FX reserve ratios
The Central Bank of the Republic of Türkiye has simplified its reserve requirement regulation by ending the provisional zero percent reserve requirement for certain long-term foreign currency liabilities and revising FX reserve requirement ratios. FX demand deposits with maturities up to one month now have a 30% ratio, while longer maturities are set at 26%. Precious metal deposit accounts and other FX liabilities also have adjusted ratios, with significant reductions for longer maturities.