Flexibility Step from the Banking Regulation and Supervision Agency on Share Buybacks
With the new decision taken by the Board, shares of publicly traded banks acquired between specific dates will be exempt from capital and risk calculations.
The Banking Regulation and Supervision Agency implemented a new regulation regarding share buyback transactions of publicly traded banks, providing temporary relief in capital calculations.
Details of the Share Buyback Regulation
The Banking Regulation and Supervision Agency has taken a new decision regarding share buybacks by publicly traded banks whose shares are traded on the Borsa Istanbul AŞ Equity Market.
Exemption in Core Capital Calculations
The own shares acquired by publicly traded banks through buybacks after September 16, 2026, will not be considered as a deduction item from core capital until December 31, 2026.
Exclusion from Risk-Weighted Asset Calculations
In line with the decision taken, the shares in question will not be included in the calculations of the amount subject to credit risk and the amount subject to market risk.
Temporary Flexibility in Capital Calculations
It was stated that the main purpose of this regulatory adjustment is to provide temporary flexibility and convenience in banks' capital calculations.