The Banking Regulation and Supervision Agency (BDDK) has lifted the Turkish Lira (TL) credit restriction based on foreign currency asset positions, allowing companies to use credit regardless of their foreign currency asset status. The previous restrictions and the 500% risk weight requirement have also been removed.
To strengthen financial stability and make the credit system more efficient, BDDK decided to revoke certain Board Decisions. On February 6, 2025, with Decision No. 11145, based on Article 93 of the Banking Law No. 5411, the following Board Decisions were repealed: Decision No. 10250 dated June 24, 2022; Decision No. 10265 dated July 7, 2022; Decision No. 10348 dated September 28, 2022; Decision No. 10389 dated October 21, 2022; and Decision No. 10659 dated September 4, 2023.
Foreign Currency Asset Position-Based Credit Restriction Removed
Previously, companies subject to independent audits with foreign currency assets exceeding certain thresholds were restricted from obtaining TL loans. Before using credit, these companies had to commit to the bank that their foreign currency asset position was below the set thresholds, providing an audit-approved report to the bank.
For companies exceeding these thresholds, credit usage was restricted, with borrowing allowed only under a 500% risk weight condition. However, this decision has now been lifted, and foreign currency asset positions will no longer be a factor when granting loans.
