10.02.2025 23:30
The Banking Regulation and Supervision Agency has lifted the limit on foreign currency assets for companies subject to independent audit when using TL loans.
The Banking Regulation and Supervision Agency (BRSA) has implemented a credit regulation for companies subject to independent audit.
FOREIGN CURRENCY ASSET LIMIT REMOVED
According to the decision taken as part of coordinated macroprudential simplification steps aimed at strengthening financial stability and ensuring the effective functioning of the credit system, the limit on foreign currency assets for companies subject to independent audit has been removed for TL credit usage. With the latest decision, when providing TL credit to companies subject to independent audit, the foreign currency asset position will not be considered.
CREDIT USAGE OF COMPANIES EXCEEDING THRESHOLDS WAS RESTRICTED
Under the previous regulation, the provision of TL credit to companies subject to independent audit that exceeded the specified ratios of foreign currency asset amounts was restricted. When there were companies that used credit despite exceeding the thresholds, their credit usage was restricted, and they could borrow with a risk weight of 500 percent.