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Credit guarantee limit increased for SMEs
Business

Credit guarantee limit increased for SMEs

Bywadmin September 4, 2023

Minister of Treasury and Finance Mehmet Şimşek stated that the credit guarantee limits that SMEs can use from the loan guarantee system have been increased and said, “We will continue to channel our limited resources…

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Credit guarantee limit increased for SMEs
Business

Credit guarantee limit increased for SMEs

Bywadmin September 2, 2023

With the decision, the loan guarantee that SMEs can use from the system was increased from 100 million lira to 150 million lira. For large companies, this amount was increased from 350 million liras to…

Read More Credit guarantee limit increased for SMEsContinue

The daily limit of the banks for the exporter’s rediscount credit has been increased by 5 times.
Business

The daily limit of the banks for the exporter’s rediscount credit has been increased by 5 times.

Bywadmin July 20, 2023

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…

Read More The daily limit of the banks for the exporter’s rediscount credit has been increased by 5 times.Continue

U.S. House of Representatives approves “debt limit” bill
Business

U.S. House of Representatives approves “debt limit” bill

Bywadmin June 1, 2023

The bill, which was agreed upon after long negotiations between the White House and the Republicans, was passed in the House of Representatives by 314 votes to 117. “Tonight, the House of Representatives took a…

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15 thousand TL limit to cash advance securities regulation
Business

15 thousand TL limit to cash advance securities regulation

Bywadmin May 18, 2023

The Central Bank of the Republic of Turkey (CBRT) has regulated cash advance and overdraft accounts. The CBRT sent an application instruction to the banks for the details of the regulation. Accordingly, while changing the…

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Penalty from the upper limit to the company that changes the position of the employee 5 times in a year
Business

Penalty from the upper limit to the company that changes the position of the employee 5 times in a year

Bywadmin April 6, 2023

According to the decision of the Human Rights and Equality Institution of Turkey (TİHEK), the place of duty of the person who started to work as a security guard in a company affiliated with the…

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The upper limit of interest on currency-protected deposit accounts has been removed.
Business

The upper limit of interest on currency-protected deposit accounts has been removed.

Bywadmin March 31, 2023

The Presidential Decree on the subject entered into force after being published in the Official Gazette. With the regulation, it is aimed to increase the demand for Turkish lira financial instruments, to ensure the efficiency…

Read More The upper limit of interest on currency-protected deposit accounts has been removed.Continue

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