Central Bank Narrows Individual and Commercial Credit Limits

The Central Bank of the Republic of Turkey (CBRT) has activated additional measures related to credit growth aimed at supporting macrofinancial stability. The regulation covers both individual and commercial credit segments.

For individual credits, existing growth limits have been tightened by 1 percentage point across all credit types, particularly consumer loans. On the Turkish lira commercial credit side, a differentiated approach was adopted: the limit for credits extended to large-scale enterprises was reduced by 1 percentage point, while the tightening for credits to small and medium-sized enterprises (SMEs) was applied as 0.5 percentage points.

The Central Bank's step is being assessed as an extension of its ongoing monetary tightening policy. The measures are expected to slow credit expansion, thereby contributing to price stability and directly shaping banks' credit supply.