News"Decision on Required Reserves from the Central Bank"

"Decision on Required Reserves from the Central Bank"

04.02.2025 07:53

The Central Bank of the Republic of Turkey has increased the reserve requirement ratio for funds obtained from foreign sources from 8% to 12%. This change aims to strengthen the monetary transmission mechanism.

The Central Bank of the Republic of Turkey has made changes to the required reserve application in order to strengthen the monetary transmission mechanism.

In this context, the required reserve ratio for banks' Turkish Lira liabilities with maturities of up to 1 year (including 1 year) has been increased from 8% to 12% for funds obtained from foreign repo transactions, loans used from abroad, and deposits/participation funds from foreign banks.

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