According to the information obtained from the officials of the Central Bank of the Republic of Turkey (CBRT), an important decision was taken in the rediscount credits that encourage exports.
Accordingly, the daily limit of rediscount credits providing export financing support was increased from 300 million TL to 1.5 billion TL.
With this decision, the Central Bank will continue to support exporters’ access to credit, while prioritizing exporters that contribute to export growth. The share of SMEs in rediscount credits is also increasing.
In addition, within the scope of the CBRT’s simplification process, conditions such as 30 percent additional foreign exchange sales requirement and pre-sales foreign currency sales condition are removed in rediscount credits.
The Central Bank supports the efficiency economy by directing financial resources to productive areas.