02.12.2025 00:41
The Central Bank announced that changes have been made to the foreign currency reserve requirement ratios within the framework of macroprudential simplification. Accordingly, the zero percent reserve requirement application for the increase in foreign currency liabilities with a maturity of more than one year obtained by banks and financing companies from abroad will not be extended until the end of the year. At the same time, the differences in reserve requirement ratios between foreign currency deposit accounts and gold deposit accounts have been eliminated.
The Central Bank of the Republic of Turkey (CBRT) announced that changes have been made to the foreign currency reserve requirement ratios within the framework of macroprudential simplification.
NO EXTENSION WILL BE GRANTED
According to the statement made by the CBRT, the zero percent reserve requirement application on the increase amount of foreign currency liabilities with a maturity of more than 1 year obtained by banks and financing companies from abroad will not be extended until the end of the year.
RESERVE REQUIREMENT RATIOS REDEFINED
In the same context, foreign currency reserve requirement ratios have also been redefined. Accordingly, while the ratio for demand and up to 1-month term accounts in foreign currency deposits and participation funds has been reduced from 32% to 30%, the ratio for longer-term accounts has been updated to 26%.
In precious metal deposit accounts, the reserve requirement ratio for demand and up to 1-month term accounts has been increased from 28% to 30%. For longer-term accounts, the ratio has been set at 26%. For other foreign currency liabilities, the ratio for accounts with a maturity of up to 1 year is maintained at 21%, while significant reductions have been made for longer maturities.
WILL BE EFFECTIVE FROM JANUARY 16
Accordingly, for liabilities with a maturity of up to 2 years, the ratio has been reduced from 16% to 10%, for liabilities with a maturity of up to 3 years from 11% to 8%, and for liabilities with a maturity of up to 5 years from 7% to 3%. For liabilities with a maturity of more than 5 years, the reserve requirement ratio will be applied as 0%. The obligation to establish based on the new ratios will start on January 16, 2026.