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With the decision taken by the Banking Regulation and Supervision Agency, the number of quotas for the purchase of electronic items, jewelry, furniture and vehicles has been reduced. With this decision, the BRSA tells the citizen not to “spend by borrowing.” The step taken was interpreted as an effort to cool the economy, which was heated by loans.
“Within the framework of the macroprudential measures adopted to achieve financial stability and reduce the current account deficit …” According to the statement that begins on the form; credit card payment terms; Expenses related to jewelry that is not printed and bullion eight months to six monthsfor purchases of electronic products, excluding television purchases up to three thousand five hundred Turkish liras. six months to four months, purchases of furniture and appliances from eighteen months to twelve months Discharged.
CHANGE OF CREDITS FOR PURCHASE OF VEHICLES
In addition, in accordance with the sixth paragraph of article 12 / A of the Regulation on Bank Credit Operations (Credit Regulation) and the fifth paragraph of article 11 / A of the Regulation on the Principles of Establishment and Operation of Financial Leasing Companies, Factoring and Financing (Financial Institutions Regulation), Credit Regulation 12 / A The third paragraph of article and the second paragraph of article 11 / A of the Financial Institutions Regulation. forty-eight months to thirty-six monthsLoans with a final invoice value of more than 750,000 Turkish liras for the purchase of vehicles. from forty-eight months to twenty-four monthson loans covered by vehicles forty-eight months to thirty-six months It was decided to download it.
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