As part of the exit strategy from Deposit Insurance Fund (DIF) accounts, opening and renewal procedures for legal entities have been terminated.
In the statement made by the Central Bank of the Republic of Turkey, it was stated that “CBRT has decided to terminate the opening and renewal procedures for legal entities in all DIF accounts (including YUVAM accounts) as of February 15, 2025.” The statement also noted that the goals related to the transition of legal entity DIF accounts to DIF in TL and their renewal have been removed.

DIF BALANCES CONTINUE TO DECLINE
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), DIF balance decreased by 3% last week, with a decrease of 30 billion 168 million Turkish liras, reaching 966 billion 22 million liras. Thus, the DIF size accounted for 5.02% of total deposits.