Effective From Tomorrow: Rules Are Changing in the Home Ownership System Following the Fund Crisis - Sözcü Newspaper.
6 Articles
6 Articles
Following the outbreak of the funding crisis, Katılımevim and Birevim became among the most talked-about institutions, and after the operation against Pusula Yatırım Holding, the controlling shareholder of the company, the future of 'savings financing system' companies became a matter of curiosity. The Banking Regulation and Supervision Agency (BDDK) made this public as of October 1st.
A new era in the savings financing system begins tomorrow. With the Banking Regulation and Supervision Agency's (BDDK) new regulation, the number of active contracts per person will be limited to 2, while upper limits of 6.25 million Turkish Lira will be applied to vehicle financing and 62.5 million Turkish Lira to housing and commercial property financing.
The Banking Regulation and Supervision Agency's (BDDK) new rules regarding the Evim system will come into effect tomorrow. This system, which receives billions of liras daily through interest-free, long-term loans for housing, business premises, and automobiles, will be implemented tomorrow.
A new era begins tomorrow for savings finance companies, which have been under scrutiny following the fund crisis. The Banking Regulation and Supervision Agency (BDDK) is introducing new restrictions on these companies, known as the "home financing system."
Following the operations initiated by SPK in its investment funds and the arrest of the directors of Compass Investment Holding, the controlling shareholder of Katılmevim and Birevim, BDDK announced the new rules for the 'home system'. As of October 1, the number of contracts per person and the limits are changing.
The Banking Regulation and Supervision Agency (BDDK)'s new regulation for savings financing companies comes into effect tomorrow. The limits on the number of contracts, updated financing ceilings, and all new rules regarding company pools have been clarified.
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