Türkiye’s banking sector proves its resilience through full Basel compliance
File photo shows a bank employee counting Turkish lira banknotes, accessed on Apr. 2, 2025. (AA Photo)
Türkiye’s banking regulations have been found fully compliant with international standards by the Basel Committee on Banking Supervision (BCBS), Türkiye’s Banking Regulation and Supervision Agency (BRSA announced Wednesday.
Basel Committee—an international body formed in 1974 by G10 countries—sets global standards to strengthen regulation, supervision, and risk management in the banking sector.
Türkiye has been a member of the Basel Committee since 2009 and pledged to adopt Basel standards as a member of both the G20 and the Financial Stability Board (FSB)—global platforms promoting international financial cooperation.
BRSA noted that Türkiye had already achieved full compliance during a previous Regulatory Consistency Assessment Programme (RCAP)—a formal evaluation initiative run by the Basel Committee—review in 2015–2016, which covered capital adequacy and liquidity coverage rules.
‘Results confirm reliability of Türkiye’s regulatory framework’
The most recent RCAP review, launched in September 2024, evaluated the country’s implementation of the large exposures (LEX)—limits on how much a bank can lend to a single borrower or group—and net stable funding ratio (NSFR)—a measure designed to ensure that banks have enough stable, long-term funding—rules.
These standards are known collectively as the Basel I, II, and III frameworks. Türkiye implemented these reforms in 2023 and 2024 as part of its commitment to financial stability and international best practices.
“These results confirm the strength and reliability of Türkiye’s regulatory framework in the eyes of both domestic and international financial markets,” the BRSA stated.
“Our commitment to maintaining a robust and transparent banking supervision system in line with global standards will continue with the same diligence.”
Türkiye’s banking sector reached a total asset size of ₺34.4 trillion ($907.2 billion), while its capital adequacy ratio stood at 17.72% by the end of February, according to official figures.
