Press Release on Macroprudential Framework (2024-38)
No: 2024-38
20 July 2024
Press Release on Macroprudential Framework
The Central Bank of the Republic of Türkiye has taken steps to support the tight monetary policy stance. Accordingly, some changes have been made in the reserve requirement practice based on loan growth with the aim of ensuring a level of loan growth consistent with the disinflation path and maintaining the share of Turkish lira loans. In this context;
- The monthly growth limit for FX loans has been lowered from 2 percent to 1.5 percent,
- The monthly growth limits for Turkish lira loans have been kept unchanged at 2 percent.
Moreover, the scope of the exemption for investment loans has been expanded and it has been decided to exempt investment loans extended in the scope of the funding provided by international development finance institutions from the growth limits for Turkish lira and foreign currency loans.
Contact
For further information, please send an e-mail to basin@tcmb.gov.tr.