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Central Bank updates credit growth limits
The Central Bank of the Republic of Türkiye has revised growth limits for personal, vehicle, and commercial loans upward to support macrofinancial stability. Additionally, it was decided to pay interest on required reserves for non-deposit liabilities.
News
Economy
As credit card spending hits a record high, warnings over fees and interest rates increase
While the number of credit cards in Turkey approaches 152 million, breaking records, experts warn against the additional costs created by minimum payments, cash advances, and maturity differences.
News
Economy
