The obligation for banks regarding the weight of Turkish lira in their balance sheets related to securities institutions has been reduced from 60 percent to 57 percent, according to the decree published in the Official Gazette. With the regulation, the percentage of securities institution for banks that fail to meet their obligation has been decreased from 10 percent to 5 percent.
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The first simplification step towards banking by the CBRT abbreviation of (Central Bank of the Republic of Turkey)
