Central Bank increases credit growth limits! Here are the new rates

The Central Bank of the Republic of Türkiye raised its credit growth limits as part of changes to reserve requirement rules aimed at supporting macrofinancial stability. Under the decision, interest/compensation rates applied to non-deposit liabilities with maturities longer than one year were adjusted, alongside the revised growth caps. The move gives banks more room to expand lending while the central bank retains its macroprudential grip on credit conditions. It matters because Turkish authorities have been using reserve requirements and growth limits to steer credit and manage domestic demand. What to watch next is how banks adjust lending and deposit pricing under the new limits, and whether the central bank follows with further macroprudential tweaks.