24.05.2025 02:20
The Central Bank of the Republic of Turkey has increased the reserve requirement ratios applied to short-term TL loans obtained from abroad. According to the new regulation, the ratio has been raised to 18% for transactions with maturities of up to 1 month and to 14% for transactions with maturities of up to 3 months.
The Central Bank of the Republic of Turkey (CBRT) has increased the reserve requirement ratios applied to short-term TL loans obtained from abroad.
The CBRT has made changes to the reserve requirement ratios applied to short-term loans in Turkish Lira obtained from abroad.
INCREASE IN RESERVE REQUIREMENTS
In a written statement from the CBRT, it was stated that the regulation was made to strengthen macro-financial stability and the monetary transmission mechanism.
Accordingly, the reserve requirement ratio, which is currently 12% for funds obtained from foreign repo transactions in Turkish Lira and for loans used from abroad, has been differentiated according to maturity. According to the new regulation; the reserve requirement ratio for transactions with maturities of up to 1 month has been increased to 18%, and for transactions with maturities of up to 3 months, it has been raised to 14%.