In addition to the promise that they will not transfer the money to foreign currency in their consumer loan requests, they now have to inform the bank of the last three months’ signed and stamped payroll and a detailed explanation of where they will spend the loan.
Şebnem Turhan from Dünya newspaper newsAccording to the report, the monetary tightening made by macroprudential measures taken by the Central Bank, the Banking Regulation and Supervision Agency (BDDK) and the Ministry of Treasury and Finance, which kept the Central Bank’s policy rate constant at 14 percent, is also evident in consumer loans. In the text of the last Monetary Policy Committee (MPC) meeting of the Central Bank, the credit channel was also included in macroprudential measures and it was announced that additional measures would be taken if necessary. In addition to the document that the consumers will not use in purchases such as foreign currency, gold, crypto assets, which are signed in consumer loan requests, a detailed explanation of where they will spend is now required.
Even if the amount of consumer loan is 50 thousand liras, banks even demand 3-month signed payroll from consumers who are not salary customers, in line with suggestions from regulatory institutions. In fact, banks take a signed promise that the new resource to be obtained from their customers will not be spent on foreign currency, gold or crypto assets in overdraft account (KMH) limit increases.
This situation, which banks apply in consumer loans, is also experienced in limit increases in overdraft accounts. When a limit increase is requested in the KMH account from the bank where he is a salary customer, the approval forms include the promise “I will not buy foreign currency, gold, crypto money”, which is signed just like when taking a consumer loan. Previously, banks did not demand such a document for KMH limit increases.