Turkey Considers Raising Cap on Loan Growth in Early Easing Sign

Turkey is discussing loosening limits on some commercial loans, according to people familiar with the matter, signaling policymakers are comfortable starting to ease financing conditions.

Raising monthly limits on loan growth to small and medium-sized enterprises is the central focus of discussions, the people said, asking not to be named as the talks are confidential. Banks’ monthly loan growth to SMEs is currently capped at 2.5%.