An amendment to the "Regulation on Measuring and Evaluating Banks' Capital Adequacy," effective March 18, 2015, has increased the risk-weighting of Turkish banks' consumer credit receivables.

The four-month installment limit remains in place for jewelry purchased using consumer credit cards.

This legal alert aims to set forth the new thresholds revised by Banking Regulation and Supervision Agency ("BRSA") dated December 12, 2017 with regards to the loan extension thresholds applicable for vehicle loans...

In the press releases of the Ministry of Treasury and Finance ("Ministry") on 9 June and 10 June 2022, it was stated that the fight against inflation remains the top priority...

One of the leading credit rating institutions has stated that Turkish banking industry has the necessary liquidity capacity to pay back short term debts.

Turkey's wind of change reached its consumer protection law. Turkish Parliament enacted a new bill on 7 November 2013 in order to modernize consumer protection.

This article aims to explain the procedures regarding debt collection. There are two separate procedures in Turkey in order to follow your debt.

Governments are responsible for ensuring consumer rights in accordance with the safety, economic and social needs of the community.

The maximum maturity period for consumer loans has also increased from 36 months to 48 months.

Before the enactment of the new Bank Cards and Credit Cards Law No. 5464, due to the lack of particular legislation regulating credit cards in Turkey, the relationship among the credit card issuer, member workplaces and cardholders was regulated under various provisions of the Code of Obligations, Law No. 4077.

"Şimdi Al Sonra Öde" ("BNPL") pazarı, tüketici tercihlerinin değişmesi ve elektronik ticaretin ("e-ticaret") kullanımının yaygınlaşması sonucunda son yıllarda dikkat çekici bir büyüme yaşamıştır.

The "Buy Now Pay Later" market has experienced significant growth in recent years, driven by changing consumer preferences and the rise of e-commerce.

The Banking Regulation and Supervision Agency ("BRSA") of Turkey announced changes on the maximum term of instalments allowed on credit cards and consumer loans as of 15 August 2018.

30 Ekim 2024 tarihli Resmi Gazete'de, Tüketicinin Korunması Hakkında Kanun ile Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun ("Kanun") yayımlanmış olup...

Genel işlem koşulları; standart sözleşmeler diyebileceğimiz elektrik, su, doğalgaz sözleşmeleri, banka kredi sözleşmeleri, taşımacılık sözleşmeleri, sigorta sözleşmeleri gibi daha birçok şekilde günlük hayatta sıkça karşımıza çıkmaktadır.

Konkordato, borçlu işletmelerin alacaklıların bir bölümü ile anlaşarak, iflas etmeleri yerine faaliyetlerine devam ederek borçlarını ödeyebilecekleri şekilde yapılandırmalarını amaçlar.