Recent DevelopmentThe Central Bank of Turkey amended the Communiqué No. 2013/15 on Mandatory Reserves (the “Amendment”). The Amendment was published in the Official Gazette No. 30688 on February 16, 2019. What’s New?
Conclusion The Amendment aims to increase banks’ liquidity by decreasing mandatory reserve ratios and increasing the facility to set aside reserves as gold. |
For further information,
please contact:
Legal Alerts
20/02/2019 09/06/2022
Turkish Central Bank Decreases Mandatory Reserve Requirements
Legal Alerts
Banking & Finance
General
Recommended for you
- Doing Business in Türkiye 2024
- COVID-19: Short-Term Working, Termination Prohibition and Unpaid Leave Extended
- Ministry of Treasury and Finance Granted New Investment Authorities
- Turkish Constitutional Court Issues Decision on Freedom of Expression
- Amendments to the General Communiqué on National Estate
- Deadline to Comply with New Payment Services Regulation Extended Again
- Data Protection Authority Addresses GDPR Based Privacy Notices
- New Era in Cross-Border Data Transfers
- COVID-19 Global Employer Guide
- What are the Recent Amendments to the Regulation Regarding the Principles and Procedures of Collection of Aid?
- The Turkish DPA Has Published the Guideline on Processing Biometric Data