The net value of the banks' outstanding loans to the private sector in lira must not exceed 25 percent of their customers' deposits in the same currency, according to a recent circular issued by the Central Bank (BDL).
The banks should settle the matter by the end of 2019. Once the deadline has elapsed, an amount equivalent to the loans exceeding the 25 percent ratio must be deposited with BDL at zero-interest rate until this irregularity is resolved, according to the circular.
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The banks should settle the matter by the end of 2019. Once the deadline has elapsed, an amount equivalent to the loans exceeding the 25 percent ratio must be deposited with BDL at zero-interest rate until this irregularity is resolved, according to the circular.
The...
Article details
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