Increase in Legal Interest Rate

Installment and Application Deadlines for Debt Restructuring Extended by 1 Month

With the Presidential Decree No. 8485 published in the Official Gazette No. 32552 dated 21.05.2024, it was decided that the legal interest rate regulated in Article 1 of the Law No. 3095 on Legal Interest and Default Interest will be applied as 24% annually, instead of 9%, as of 01.06.2024.

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