The BRSA raised the limit on the ratio of TL transactions to be made by banks to financial institutions residing abroad to equity from 0.5 percent to 2.5 percent.
In the statement made by the Banking Regulation and Supervision Agency (BRSA) regarding the limits of TL transactions with non-residents, banks are asked to refer to financial institutions residing abroad, including their partnerships that are subject to consolidation and financial institution qualifications, and their branches abroad. It was reminded that it was decided to limit the total of TL placements, TL deposits, TL repo and TL loans to 0.5 percent of the banks’ last calculated legal equity.
In the statement, it was stated that as a result of the evaluation, it was decided that the said limitation should be redefined as 2.5 percent instead of 0.5 percent and the overdraft loan facility defined by banks to financial institutions residing abroad should not be subject to this limitation. .