BRSA announced! Limits have changed in consumer loans!

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Lerato Khumalo

In the said statement, “Within the framework of the macro -cautious steps taken to ensure financial stability, with the decision of the BRSA dated 13 February and numbered 11152, the monetary economic amounts in the general maturity limitation determined within the scope of the decision of the Board dated 9 June 2022 and numbered 10222 also take into account the macroeconomic data. It has been updated as follows. ” his statements were included.

The last change in credit limits was made on June 9, 2022.

The Banking Regulation and Supervision Board (BRSA) increased the limit of use loans to 125 thousand pounds of consumer loans under 50 thousand pounds up to 36 months maturity.

According to a statement from the BRSA, up to 36 months of consumer loan limit was increased from 50 thousand pounds to 125 thousand pounds.

Up to 24 months maturity, 50 thousand and 100 thousand pounds under the use of credit was increased between 125 thousand and 250 thousand pounds.

Twelve months for loans with a loan amount above 250,000 Turkish Liras.