A triple shield from the economic management against market fluctuations
The economic management has created a comprehensive chain of measures for the markets in order to prevent the spread of liquidity and funding-related problems.
The economic management has activated a triple shield to prevent the spread of liquidity and funding problems in the markets, and within this scope, a new decision regarding the banking system was announced.
Activation of the triple shield
In order to prevent the spread of liquidity and funding problems in the markets, a triple shield mechanism was implemented by the economic management.
Within the framework of these measures, various steps were taken targeting different channels of the market in order to protect financial stability.
BDDK's new decision
The decision of the Banking Regulation and Supervision Agency dated September 17, 2026, was shared with the public and its details became clear.
In line with the decision made, important exceptional regulations regarding the banking system were put into effect.
Share buyback regulation
The own shares that banks traded on Borsa İstanbul will acquire through buybacks after September 16, 2026, were included within the scope of the regulation.
It was announced that the relevant shares will not be taken into account as a deduction item from core capital until December 31, 2026.
Exemption from risk calculations
It was stated that the bought-back shares will be excluded from credit risk calculations during the same period.
Furthermore, it was announced that these shares will not be taken into account in the calculations of the amount subject to market risk either.
Alleviation of balance sheet costs
This decision put into effect does not impose any obligation on banks to purchase their own shares.
However, it aims to alleviate one of the significant balance sheet costs for publicly traded banks that wish to conduct buybacks.
Statement by the Financial Stability Committee
The Financial Stability Committee made evaluations regarding the source of recent market movements.
It was explained that the movements stemmed from credit and liquidity problems in certain funds managed by a limited number of portfolio management companies.
Markets' eyes on Public Disclosure Platform (KAP) statements
With these steps taken, the banking system has officially been included in the chain of measures.
Following the developments, all eyes have turned to the potential buyback statements that banks will make to the Public Disclosure Platform.