Statement on Currency-Protected Deposits from Treasury and Finance Minister Mehmet Şimşek
Treasury and Finance Minister Mehmet Şimşek announced that the exit process from the Currency-Protected Deposit scheme has been completed and the system has ended.
Treasury and Finance Minister Mehmet Şimşek announced that the exit process from the Currency-Protected Deposit scheme, which was among the targets of the economic program, has been completed and the practice has ended.
CPD Process Completed
Treasury and Finance Minister Mehmet Şimşek stated that another important target of the economic program has been implemented, announcing that the Currency-Protected Deposit practice has come to an end.
BDDK Data Shared
According to the data from the Banking Regulation and Supervision Agency shared by Minister Şimşek, the share of Currency-Protected Deposits within total deposits has dropped to zero.
Increase in Turkish Lira Deposits
According to the disclosed data, the share of Turkish lira deposits in the total rose to 61.1 percent, while the share of foreign currency deposits stood at 38.9 percent.
Message of Stability and Confidence
Minister Mehmet Şimşek emphasized that policies strengthening macro-financial stability and increasing confidence in the Turkish lira will continue to be pursued resolutely in the upcoming period.