- Banking Regulation and Supervision Agency (BDDK) has made a regulation to use TL resources more efficiently in the country in meeting the financing needs of the real sector and citizens.
- In the written statement made by BRSA, it was emphasized that in a period when economic activity slowed down due to the global new type of coronavirus (Covid-19) epidemic and the real sector had difficulties in terms of production and employment, it became important to use TL resources efficiently and mainly to meet the financing needs of the public and private sectors. .
- For this purpose, with the decision of the Banking Regulation and Supervision Board dated May 5, 2020 and numbered 9010, the statement stated that the regulation was made to be implemented until the extraordinary conditions arising from the Covid-19 epidemic are eliminated:
- “The sum of TL placements, TL deposits, TL repo and TL loans to be made by banks to financial institutions resident abroad, including credit institutions subject to consolidation abroad and their partnerships with financial institution qualifications and their branches abroad, is a percentage of the banks’ last calculated legal equity capital. “It has been decided to limit the rate to 0.5. It has been decided that the rate in question will be calculated on a daily basis on a solo basis, no new transactions will be made until the current excesses are eliminated, and overdue transactions of this nature will not be renewed.”
- Source: https://www.dunya.com/finans/haberler/bankalarin-yurt-disi-tl-islemlere-sinir-haberi-469606
