Showing 1 to 4 of 4 results
Turkey Caps Banking Interest Rate Risk at 15%
Turkey's Banking Regulation and Supervision Agency (BDDK) capped the standard ratio for interest rate risk from banking accounts at 15 percent, as published in the Official Gazette, impacting both consolidated and unconsolidated accounts.
Turkey Caps Banking Interest Rate Risk at 15%
Turkey's Banking Regulation and Supervision Agency (BDDK) capped the standard ratio for interest rate risk from banking accounts at 15 percent, as published in the Official Gazette, impacting both consolidated and unconsolidated accounts.
Progress
12% Bias Score
BDDK Tightens Turkish Vehicle Loan Regulations
Turkey's Banking Regulation and Supervision Agency (BDDK) tightened vehicle loan regulations, limiting loans to 70% loan-to-value for vehicles up to 2,500,000 TL with a 48-month term, and eliminating loans for vehicles above 7,500,000 TL.
BDDK Tightens Turkish Vehicle Loan Regulations
Turkey's Banking Regulation and Supervision Agency (BDDK) tightened vehicle loan regulations, limiting loans to 70% loan-to-value for vehicles up to 2,500,000 TL with a 48-month term, and eliminating loans for vehicles above 7,500,000 TL.
Progress
32% Bias Score
Turkey's High-Value Bank Deposits Surge in February 2025
As of February 2025, Turkey saw a 115,871 increase in individuals holding over 1 million Turkish Lira in their accounts compared to December 2024, totaling 2,123,799 individuals with over 15.5 trillion Lira in combined deposits.
Turkey's High-Value Bank Deposits Surge in February 2025
As of February 2025, Turkey saw a 115,871 increase in individuals holding over 1 million Turkish Lira in their accounts compared to December 2024, totaling 2,123,799 individuals with over 15.5 trillion Lira in combined deposits.
Progress
28% Bias Score
Turkey's Delinquent Consumer Debt Surges 135.1%
Delinquent consumer loans and credit cards debt in Turkey increased by 135.1% year-over-year to 105.48 billion Turkish lira by December 13, 2023, driven by high inflation impacting fixed-income households, according to economist Şenol Babuşcu who predicts further increases by 2025.
Turkey's Delinquent Consumer Debt Surges 135.1%
Delinquent consumer loans and credit cards debt in Turkey increased by 135.1% year-over-year to 105.48 billion Turkish lira by December 13, 2023, driven by high inflation impacting fixed-income households, according to economist Şenol Babuşcu who predicts further increases by 2025.
Progress
40% Bias Score
Showing 1 to 4 of 4 results