TCMB - Press Release on Extension of Maturities for Repayments of Rediscount Credits and Advance Loans Against Investment Commitment for Companies in the Earthquake Zone (2023-08)
Central bank: tcmb | Type: decision | Date: 2023-02-06

Press Release on Extension of Maturities for Repayments of Rediscount Credits and Advance Loans Against Investment Commitment for Companies in the Earthquake Zone (2023-08)
No: 2023-08
6 February 2023
Press Release on Extension of Maturities for Repayments of Rediscount Credits and Advance Loans Against Investment Commitment for Companies in the Earthquake Zone
For companies based in the earthquake/ disaster-hit provinces (Adana, Adıyaman, Diyarbakır, Hatay, Gaziantep, Kahramanmaraş, Kilis, Malatya, Osmaniye, Şanlıurfa):
An interest-free maturity extension up to 180 days has been granted for repayment of rediscount credits for export and FX-earning services as well as advance loans against investment commitment with a due date between 6 February 2023 (included) and 30 April 2023 (included),
An additional export and FX-earning services commitment fulfillment duration of six months has been introduced for those rediscount credits for export and FX-earning services that were used before 6 February 2023 (included).
Press Release on Extension of Maturities for Repayments of Rediscount Credits and Advance Loans Against Investment Commitment for Companies in the Earthquake Zone (2023-08)