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 2025
- COVID 19: Hearings During Full Lockdown Are Postponed
- Data Protection Authority Addresses GDPR Based Privacy Notices
- COVID-19: Employment Exemption for Curfew
- Recent Developments in the Healthcare Sector – January 2022
- A New Era in Permit Applications for Non-Cash Lotteries and Draws
- Real Estate Investing in Turkey Made Easier
- Developments in Open Banking and Digital Wallets
- Letter from the Ministry of Labor and Social Security about COVID-19 Measures at Workplaces
- Central Bank Changed Prepayment Fees
- CMB Provides Flexibility for IPOs: Sale Period Temporarily Extended