Share of Turkish Lira Deposits Increased Through Central Bank Policies
As a result of the CBT's macroprudential steps, FX-Protected Deposits were liquidated, and the share of TL-denominated deposits reached 61.5 percent.
Thanks to the macroprudential policy steps implemented by the Central Bank of the Republic of Turkey to support the disinflation process, transition to the Turkish lira was encouraged, the FX-Protected Deposit scheme was completely terminated, and the share of TL deposits rose to 61.5 percent.
Macroprudential Steps and Loan Limits
Amid global uncertainties and geopolitical risks, the Central Bank of the Republic of Turkey took macroprudential steps to support the policy rate.
In January, growth limits were introduced on foreign currency loans and consumer overdraft account limits.
At the end of May, the credit growth limits determined for general-purpose and vehicle loans, as well as TL commercial loans, were lowered.
Foreign Currency Loan Developments
Following the reduction of the growth limit on foreign currency loans, the annualized FC commercial loan growth, adjusted for exchange rate effects, declined.
This growth rate materialized at 11.2 percent as of August 28.
Financial Indicators of the Banking Sector
The non-performing loans ratio of the banking sector rose to 2.9 percent in July 2026 but continued to remain below the historical average.
The sector's capital adequacy ratio was recorded at 16.6 percent as of July 2026.
This ratio continues to hover above the legal lower limit and the BRSA target ratio.
Liquidation of FX-Protected Deposits
Within the scope of the exit strategy from the FX-Protected Deposit scheme, resident individual FX-Protected Deposit balances were completely brought to zero in August 2026.
Legal entity FX-Protected Deposit balances had previously dropped to zero as of December 2025.
The FX-Protected Deposit scheme, which reached a 26.2 percent share in total deposits in August 2023, has been completely liquidated.
Increase in Turkish Lira Deposits
Following the liquidation of the FX-Protected Deposit scheme, Turkish lira-denominated deposits gained strength.
The share of TL-denominated deposits in total deposits rose to 61.5 percent as of August 28, 2026.
Future Period Policies
In line with the Medium-Term Program, investment instruments denominated in Turkish lira will continue to be encouraged.
Steps aimed at reducing the attractiveness of foreign currency deposits and extending the maturity of TL deposits will be maintained.