CBRT takes additional steps to support Turkish lira deposits
According to the CBRT’s announcement on the macroprudential framework, the Central Bank made changes in the reserve requirement practice in
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mevduat
Withholding tax on KKM
The tax advantage applied to Currency Protected Deposits was abolished. With the Presidential decree published in the Official Gazette, a
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TL deposit rates stop declining
According to the weekly and banking statistics released by the Central Bank of the Republic of Turkey (CBRT), the total
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TL deposit rates stop declining
According to the weekly and banking statistics released by the Central Bank of the Republic of Turkey (CBRT), the total
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Currency-protected deposits hit 2 trillion TL threshold
As the tax advantage provided to companies in FX-protected deposits came to an end, the decline in the total size
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CBRT’s reserve requirement step to ease banks’ hand in deposits
While deposit rates have fallen by 10 points since their peak in April, the Central Bank of the Republic of
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10 percentage point decline in deposit rates
The downward momentum in deposit interest rates continued during the holiday week. According to data from the Central Bank of
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