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ARTICLE · 23 JUNE 2025

Recent Developments In The Banking & Finance Sector In Türkiye

Hergüner Bilgen Üçer Attorney Partnership
Hergüner Bilgen Üçer Attorney Partnership
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Hergüner Bilgen Üçer Attorney Partnership

Hergüner Bilgen Üçer Attorney Partnership

Since 1989, Hergüner Bilgen Üçer has been recrafting the Turkish law firm model along modern...

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With Presidential Decree No. 9595 published in the Official Gazette on 15 March 2025, amendments were made to Decree No. 32 on the Protection of the Value of Turkish...

TurkeyFinance and Banking
Piraye Kuranel Başol
Piraye Kuranel Başol
Bora Başkurt
Bora Başkurt
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Amendments to Decree No. 32 on the Protection of the Value of Turkish Currency and Related Communiqués

With Presidential Decree No. 9595 published in the Official Gazette on 15 March 2025, amendments were made to Decree No. 32 on the Protection of the Value of Turkish Currency regarding precious metal transactions, derivative transactions, collateral practices, and Turkish lira that may be taken abroad. Some of the changes are as follows:

  • With the amendment to Article 6 of Decree No. 32, forward transactions, option contracts, and other derivative instruments based on foreign currency and precious metals may now also be traded by banks.
  • With the amendment to Article 18 of the Decree, flexibility has been introduced regarding collateral for loans in foreign currency or precious metals obtained domestically. From now on, the domestic group companies of a Turkish-resident company receiving such a loan, or the real/legal person shareholders who directly

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