Business · Economy · 1 hr ago
Turkey exempts some debt-repayment loans from credit growth limits
Turkey’s central bank changed its rules for some lira loans made by banks.
The exemption covers loans to repay domestic lira debt issued by private companies that comes due by the end of the year.
The measure applies to debt issued within Turkey by companies that are not banks.
Normally, these loans would count toward limits on commercial credit growth.
The central bank says the change aims to support financial stability and liquidity management.
It is intended to help creditworthy companies maintain access to bank financing and manage repayments, and the exemption covers repayments due through year-end.
Turkey’s central bank has exempted certain lira loans from credit growth limits.
The exemption applies to loans used to repay debt instruments issued in Turkey by non-bank private-sector companies.
It covers repayments due by the end of the year.
The central bank said the measure aims to support macrofinancial stability and liquidity management.
- Who
- Turkey’s central bank (TCMB) changed the rules.
- What
- Certain Turkish lira loans are exempt from credit growth limits.
- When
- The exemption covers debt repayments due by the end of 2026.
- Where
- Turkey.
- Why
- To support macrofinancial stability and liquidity management, and help eligible issuers access bank financing and manage liquidity.
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- Exempt loans
- Turkish lira loans used to repay eligible debt
- Eligible borrowers
- Non-bank private-sector companies
- Debt instruments
- Issued in Turkish lira in Turkey
- Repayment deadline
- By the end of 2026