In the announcement made by the CBRT regarding the macroprudential framework, it was stated that a change was made in the required reserve application based on credit growth in order to ensure that the Bank’s credit growth and composition are compatible with the disinflation path.
In the statement, it was stated that the monthly growth limit of 1.5 percent for foreign currency commercial loans was reduced to 1 percent, and the monthly growth limit of 2 percent for Turkish lira commercial loans was differentiated as 2.5 percent for SME loans and 1.5 percent for other commercial loans. .
In the statement, “In addition, it has been decided that Turkish lira loans provided to SMEs within the scope of sustainability with the support of KOSGEB or with the resources provided by international development finance institutions will be exempt from the loan growth limit.” statements were included.
Source: www.dunya.com