BRSA’s Commercial Loan Usage Explanation

BRSA, which has regulated consumer loans in the past weeks, doubled the minimum payment amount for loans with a limit of over 25,000 TL. had taken out . With the same regulation, the maturity limits were changed to 12 and 24 months.

The Banking Regulation and Supervision Agency (BDDK) announced the new regulation they prepared for commercial use loans. After the announcement, the dollar against the Turkish lira about 80 centslost value.

Limitation on commercial loans

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According to the BRSA’s statement, the amount of foreign cash on the date that companies other than banks and financial institutions apply for a loan determines whether these companies will get loans or not. will form the main decision . If the gold and foreign currency amount of the applicant company exceeds 15 million TL and the cash amount exceeds 10% of the last year’s revenue, these companies cannot use commercial credit.

In summary, companies that already have a lot of cash and have made a lot of money in the last 1 year apply for commercial loans. won’t be found.

Immediately after this statement of the BRSA, the dollar rate, which was 17.37, was first decreased to 16.54and then rose back to 16.79.

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