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Publications

11/01/2021

2020: THE YEAR OF MEASURES AND INNOVATIONS IN BANK-CLIENT RELATIONSHIP

Publications
Banking & Finance
Financial Institutions

2020 witnessed the introduction of new regulations to the banking laws, along with several preventive measures to reduce the economic and social effects of the COVID-19 pandemic in the Turkish banking sector. These new regulations and preventive measures impacted both the internal operations of banks and banks’ relationships with their clients.

This newsletter provides a brief summary of the regulatory changes introduced during
the year 2020 that affected the relationship between banks and their clients.