BDDK Decided to Stretch TL Placement and Deposit Limits

BDDK Decided to Stretch TL Placement and Deposit Limits BDDK decided to stretch the TL placement and deposit limits. The Banking Regulation and Supervision Agency stretched the Turkish Lira placement and deposit limits. The total amount of TL placements, TL deposits, TL repo and TL loans to be made by banks to financial institutions residing abroad, including their foreign financial institutions subject to consolidation and financial institution characteristics, as well as their branches operating abroad, is 2.5 percent of the banks' latest legal equity It will be applied at the rate of. Previously, the limit was determined as 0.5 percent. In addition, it was decided that the overdraft TL loan facility determined by banks for financial institutions residing abroad should not be included in this limitation.