Previously the requirement of 7 additional points applied to
banks which held less than 50% lira deposits.
(Reporting by Can Sezer and Nevzat Devranoglu;
Editing by Daren Butler)
ISTANBUL, April 7 (Reuters) - Turkey has raised the
ratio of securities that banks must maintain if their lira
deposits amount to less than 60% of their total deposits,
according to an announcement in the country's Official Gazette
on Friday.
According to the new regulations, banks whose lira deposits
are less than 60% of total deposits will have to hold an
additional seven percentage points of securities.
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