The Central Bank of the Republic of Türkiye tightened its macroprudential framework by increasing reserve requirement ratios on Turkish lira (TRY) funding obtained from abroad with maturities of up to one year, aiming to support macro-financial stability and the monetary transmission mechanism. For TRY-denominated funds sourced via repo transactions abroad and loans obtained from abroad, reserve requirement ratios rose by 2 percentage points to 20% for maturities up to one month, 16% up to three months and 14% up to one year. Reserve requirement ratios for deposits/participation funds from banks abroad and liabilities to the head office abroad, with maturities up to one year, were increased to 14%.
Central Bank of Türkiye2026-01-24
Central Bank of the Republic of Türkiye increases reserve requirements on short-term offshore TRY funding to as high as 20%
The Central Bank of Türkiye has tightened its macroprudential framework by raising reserve requirement ratios on Turkish lira funding from abroad, with increases of 2 percentage points for maturities up to one year, to support macro-financial stability and the monetary transmission mechanism.