The Term Determined for Opening a Currency-Protected Turkish Lira Deposit and Participation Account has been Extended for One More Year

The Decision Amending the Decision on Supporting Deposit and Participation Accounts Against Exchange Rate Increases (the “Decision”) has been published in the Official Gazette numbered 32046 on December 17, 2022 and entered into force with its publication.
 
In accordance with the Decision, the term determined for opening a currency-protected Turkish Lira deposit and participation account has been extended for one more year. Therefore accounts to be opened until December 31, 2023 shall be able to benefit from supports granted to currency-protected deposit accounts.