Foreign Currency Loans Holding Steady

Despite the Central Bank’s imposition of a 1% monthly growth limit on foreign currency loans, the rise in these loans shows no signs of slowing down. The share of foreign currency loans has reached 50%.
The increase in foreign currency loans exceeded 2.7%, surpassing the monthly 1% growth limit.
The share of foreign currency-based loans within total commercial loans has also reached 50%. According to the Banking Regulation and Supervision Agency (BRSA) data, foreign currency loans have reached around $175 billion, constituting 49.7% of total commercial loans. Foreign currency loans reached their highest level since September 2019 and have shown a 4.3% increase since the end of last year.