Press Release on FX Collateral Deposit Limits - 10/11/2016, (2016-48)

No: 2016-48

10 November 2016

Press Release on FX Collateral Deposit Limits

Implementation of limits for FX collateral deposits placed with the CBRT will be restarted as of 11 November 2016. Banks’ limits will be applied as four times the limits allocated before 17 July 2016. Banks that are above these limits will not be able to extend their existing deposits and place new deposits until they reach their limits.

Contact:

For further information, please contact Press Secretary Yücel Yazar

Tel No: +90 (312) 507 56 56