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ARTICLE · 08 JANUARY 2024

A New Era Begins For Banks' Lending Transactions, Risk Groups And Loan Limits

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The Regulation on Banks' Lending Transactions ("Regulation on Lending Transactions"), which regulates the procedures and principles regarding loans made by Turkish banks...

TurkeyFinance and Banking
Muhsin Keskin
Muhsin Keskin
Büşra Cavas
Büşra Cavas
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New Developments

The Regulation on Banks' Lending Transactions ("Regulation on Lending Transactions"), which regulates the procedures and principles regarding loans made by Turkish banks, and the Regulation on Determination of Risk Groups and Loan Limits ("Regulation on Risk Groups and Loan Limits", together "Regulations"), which sets out the procedures and principles for determining risk groups and calculating loan limits on consolidated and unconsolidated basis, were published in the Official Gazette dated 21 December 2023 and numbered 32406. The Regulations are a re-arrangement of the relevant provisions of the Regulation on Banks' Lending Transactions published in the Official Gazette dated 1 November 2006 and numbered 26333 ("Former Regulation") in two separate regulations and will enter into force on 1 January 2024.

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