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Mesut Güzeldağ

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Situations

[QUIET] [BUSINESS] [TR]

Turkey corporate debt, FX exposure, and KKM phase-out

15 clusters · 70 sources · last updated

Latest: Turkey enforcement files reach 26.3 million amid rising debt

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