23.05.2026 08:40
The Central Bank of the Republic of Turkey has tightened growth limits on individual and commercial loans to support macrofinancial stability. The new regulation takes effect today, making it more difficult to access credit.
The Central Bank of the Republic of Turkey (CBRT) has introduced additional measures on credit growth to support macrofinancial stability.
LIMITS NARROWED FOR INDIVIDUAL AND COMMERCIAL LOANS
According to the statement on the CBRT's website, credit growth limits have been reduced within the scope of the reserve requirement application.
For individual loans, limits were tightened by 1 point for all credit types, while for Turkish lira commercial loans, a 1-point tightening was applied to loans extended to large-scale enterprises, and a 0.5-point tightening was applied to SME loans.
Thus, over an 8-week period, the growth limit for consumer loans and vehicle loans extended to individuals was reduced from 4% to 3%, while the growth limit for overdraft accounts allocated to consumers was lowered from 2% to 1%. The growth limit for TL loans extended to SMEs was reduced from 5% to 4.5%, and for non-SME enterprises, the growth limit for TL loans was decreased from 3% to 2%.
SOME AREAS EXCLUDED FROM SCOPE
Since the credit growth calculation period ends today, the changes for the new period were published and implemented today. The CBRT aims to support the tight monetary stance and strengthen macrofinancial stability through this regulation.
Loans extended in certain areas such as exports, investment, agriculture, and the public sector are excluded from the growth restrictions.