Turkey raises loan growth caps for consumers and businesses

The selective nature of the easing is the signal: consumer and SME caps were lifted more than non-SME corporate lending, suggesting the central bank is trying to revive domestic demand and small-business credit without fully reopening the taps that fueled earlier imbalances. This matters most for Turkish banks and rate-sensitive borrowers, who have operated under binding quantitative limits rather than price alone. The open question is whether this is a calibrated technical adjustment within the existing tightening stance or the start of a broader loosening cycle, and whether credit growth stays inside the new ceilings.