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BRSA continues its normalization stepsraised the limit on the ratio between banks’ TL transactions with foreign financial institutions and share capital from 0.5 to 2.5 percent.
In the statement made by BRSA on the limits of TL transactions with non-residents, the TL placements to be made by banks to financial institutions residing abroad, including their companies subject to consolidation and financial institutions abroad, and its branches abroad, deposits in TL, It was recalled that it was decided to limit the total of the TL repository and TL loans to 0.5 percent of the last legal equity calculated by the banks.
In the statement, as a result of the evaluation carried out, for the effective functioning of the markets, said restriction, will be re-determined as 2.5 percent instead of 0.5 percent Y The overdraft TL credit line defined by banks to financial institutions residing abroad is not subject to this limitation. informed that the decision has been made.
