02.12.2025 06:40
The Central Bank of the Republic of Turkey has made changes to the foreign currency reserve requirement ratios as part of its simplification steps. The new rates will be effective starting from the settlement period on January 16, 2026.
The Central Bank of the Republic of Turkey (CBRT) made some changes within the scope of simplification in the required reserve regulation. Accordingly, the temporary application of a 0% required reserve on the increase amount of long-term foreign currency liabilities directly obtained from abroad will not be extended until the end of the year.
REQUIRED RESERVE RATES HAVE BEEN REDUCED
At the same time, the differences in required reserve rates between foreign currency deposit accounts and gold deposit accounts have been eliminated. The required reserve rates for long-term foreign currency liabilities excluding deposits have been reduced.
Additionally, the liabilities of financing companies that were included in the scope of required reserves in 2022 to domestic banks have been excluded from the scope again. Within the same regulatory change, the duration of the credit growth limitation application has been extended for another year.
THE RATE IN THE DEMAND DEPOSIT FUND HAS BEEN REDUCED TO 30%
Within the scope of simplification, the rate in demand and up to 1-month term foreign currency deposit/participation funds has been reduced from 32% to 30%, while the rate in longer-term foreign currency deposit/participation funds, which was previously 22-28%, has been updated to 26%.
The rate in demand and up to 1-month term precious metal custody accounts has been increased from 28% to 30%, while the rate in longer-term precious metal custody accounts, which was previously 24-28%, has been updated to 26%.
The rate for foreign currency liabilities with a term of up to 1 year remains fixed at 21%, while the rates for foreign currency liabilities with a term of up to 2 years have been reduced from 16% to 10%, for up to 3 years from 11% to 8%, for up to 5 years from 7% to 3%, and for foreign currency liabilities with a term longer than 5 years from 5% to 0%.