Business · Economy · 4 hrs ago
Turkey raises credit growth limits for consumer and business loans
Turkey’s central bank raised limits on several types of loan growth as part of changes to its financial rules.
The new limits cover consumer and vehicle loans, as well as loans to businesses in Turkey.
Over eight weeks, the growth cap for consumer and vehicle loans rises from 3% to 3.5%.
The cap for lira loans to small and medium-sized businesses rises from 5% to 5.5%, while the cap for other businesses rises from 2% to 2.5%.
The bank said the changes aim to support financial stability and monetary policy transmission.
It also decided to pay interest or compensation in lira on required reserves held against certain non-deposit liabilities with maturities longer than one year.
The changes were announced by the central bank; no further steps were specified.
Turkey’s central bank raised eight-week credit growth limits for consumer and business loans.
The limit for consumer loans and vehicle loans rose from 3% to 3.5%.
The limit for Turkish lira loans to small and medium-sized businesses rose from 5% to 5.5%.
The limit for Turkish lira loans to other businesses rose from 2% to 2.5%.
The central bank also approved interest or compensation payments on certain reserve requirements.
- Who
- The Central Bank of the Republic of Türkiye.
- What
- It raised credit growth limits and changed reserve requirement payments.
- When
- November 11, 2026.
- Where
- Türkiye.
- Why
- To support macrofinancial stability and the monetary transmission mechanism.
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- Consumer and vehicle loans
- Eight-week growth limit rose from 3% to 3.5%
- SME loans
- Turkish lira loan limit rose from 5% to 5.5%
- Other business loans
- Turkish lira loan limit rose from 2% to 2.5%
- Reserve requirements
- Interest or compensation in Turkish lira for certain liabilities with maturities longer than one year
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What people are saying
Bank reserves established for non-deposit liabilities in Turkish lira and foreign currencies with maturities longer than 1 year will receive interest/compensation payments in Turkish lira.