Central Bank Regulation on Growth Limit for SME Loans
The Central Bank of the Republic of Turkey updated the growth limit for SME loans and took new steps regarding reserve requirements to support macrofinancial stability.
With the changes made in the reserve requirement practice, the Central Bank of the Republic of Turkey raised the growth limit for SME loans from 4.5 percent to 5 percent while lowering the blockage establishment rates for Turkish lira reserve requirements.
New Limit on SME Loans
According to the latest regulation made by the Central Bank of the Republic of Turkey, the growth limit applied for SME loans was increased from 4.5 percent to 5 percent.
Reserve Requirements and Blockage Establishment Rates
In the press release published by the bank regarding the macroprudential framework, it was shared that the blockage establishment rates within the scope of Turkish lira reserve requirements were lowered.
Step for Liquidity and Financial Stability
It was announced that these changes were implemented with the aim of protecting macrofinancial stability and effectively supporting the liquidity management of banks.