[ORGANIZATION]
Banking Regulation and Supervision Agency (BDDK)
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Situations
Turkey corporate debt, FX exposure, and KKM phase-out
14 clusters · 68 sources · last updated
Latest: Turkey reports rising government debt and firm FX deficits
By late August 2026, Turkey’s economic distress manifested in the total evaporation of the Currency Protected Deposit (KKM) system. According to the Banking Regulation and Supervision Agency (BDDK), KKM account balances