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Banking Regulation and Supervision Agency News

Turkey’s Banking Sector Credit Volume Reaches 28.7 Trillion Lira

Turkey’s Bank Credit Volume Reaches 28.7 Trillion Lira

Turkey’s Commercial Loan Nonperforming Rate Rises to 2.5%

Turkey’s Nonperforming Commercial Loans Reach 2.5%

BDDK Updates Consumer Loan Terms for Mobile Phones and Credit Cards

BDDK Revises Mobile Phone Loan Terms and Credit Card Limits

Emlak Katılım Begins Share Transfer for Katılımevim and Birevim

Emlak Katılım has officially submitted applications for the share transfers of Katılımevim and Birevim, along with İktisat Katılım Bankası. The process is expected to be completed swiftly pending approvals from regulatory bodies.

Turkey revokes Iran's Bank Mellat operating license

Turkey's Banking Regulation and Supervision Agency (BDDK) has revoked the operating license of Iran-based Bank Mellat, which had been active in the country since 1982. The decision was published in the Official Gazette.

Turkey Regulator Eases Bank Share Buyback Rules

Turkey's Banking Regulation and Supervision Agency (BDDK) has relaxed rules for publicly traded banks regarding share buybacks. Effective September 16, repurchased shares will not be deducted from core capital until the end of the year, providing flexibility in capital adequacy calculations.

Turkish Banking Sector Loan Volume Surpasses 28 Trillion Lira

Turkish Banks' Loan Volume Exceeds 28 Trillion Lira

Turkish Banking Sector Net Profit Surpasses 596 Billion Lira in July

Turkish Banks' Net Profit Hits 596 Billion Lira

The Banking Regulation and Supervision Agency is the Turkish regulatory body overseeing the banking sector.