NEWS Finance        26/10/2020

BDDK revises method for calculating asset ratio for banks

The Turkish banking watchdog, the Banking Regulation and Supervision Agency (BDDK), has revised the method for calculating the asset ratio which was announced on April 18th this year to encourage banks to provide further credit. BDDK has now ruled that one year maturity foreign currency loans and syndicated loans will be added to the calculation.

 

The above revision is to be effective as of November 1st, 2020. The asset ratio regulation, which was introduced as of May 1st, was revised on May 29th, August 10th, September 8th, and September 28th.

 



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