After the coronavirus epidemic, a large number of businesses stopped production and services, while employees closed to homes. The picture that emerged after the emergency situation also worried the citizen who will experience loss of income.

Following the measure package announced by President Erdogan against the epidemic, the relevant ministries took action and started to put together support packages that concern the different segments of the society.

16 BANK DEBTS DELAYED

Coronavirus economic as well as support package will dramatically reduce the negative impact will occur as Turkey Banks Union also recommended the state-owned banks led by initiated debt rescheduling mobilization to 16 output the number of banks that participated as of today.

The banks in question started to offer many support to their customers, such as deferral and restructuring and additional cash.

CALL TO INTEREST WITH BANKS!

Another campaign that draws attention on social media has been launched on the developments.

Thousands of social media users sharing their year-end profit figures before the epidemic #faizal Up He sent a message to the banks through his hastag.

With the patient, who entered the Trend Topic list in a short time, users invite banks to support the national struggle in this difficult period by not receiving the interest they apply to their customers.

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kept open the Banks Association of Turkey from the credit channel, rapid finalization of the configuration demand, term, payment, installment payments, then the recommendation that it be granted more flexibility in collateral requirements to the last state-owned banks by consecutive made support package descriptions also participated in the private banks.

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The first step came from İşbank on the private side of the loan debt deferral campaign initiated under the leadership of Ziraat Bank, Vakıfbank, Halkbank, Ziraat Participation, Foundation Participation and Real Estate Participation, aimed at citizens who have difficulties due to the disruption in cash flow due to the coronavirus.

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If this bank QNB respectively, Finansbank, Akbank, Yapı Kredi, Garanti Bank and its Kuwaiti watching Turkey, Şekerbank Odeabank Finance and Turkey also joined the bandwagon today, debt rescheduling.

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Here are the supports that banks offer to their customers …

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Ziraat Bank is launching new supports against the corruption that citizens and the business world may experience in cash flows.

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In this context: 1) Enabling postponement of the installments, interest and principal that will be paid on 31.03.2020, and the possibility of delaying such payments upon the demands of the customers and individual customers. In the sectors with periodic activities such as tourism, the development of appropriate term structuring practices by giving additional time up to 12 months, 3) Additional 3 months' personnel salary expense as of the end of February 2020, provided that the companies that pay their personnel salaries do not decrease their current employment as of the end of February 2020. giving limit opportunity,

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4) To be used by our credit customers to pay their checks on the Bank; increasing the general credit limits and allocating additional cash credit limits, 5) In order to meet the working capital needs; We have implemented the measures to increase the corporate card limits of our customers who have a corporate credit card and DBS limit.

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Within the scope of the package, which includes many items, from postponing the loan terms announced to the restructuring of existing loans, Vakıfbank will provide flexibility for all loan installments and payments of companies until June 30, including the end of March 31st interest rates.

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In order to meet loan demands for employment protection, businesses will be provided with a long-term loan up to 3 months' salary. Existing loans of the enterprises will be restructured periodically in accordance with their cash flows and according to their sectoral status. Sector-specific loans, including tourism and urban public transport, will be structured with a grace period of up to 12 months. In order to facilitate the public payment obligations of companies such as tax and SGK, cash management limits will be increased, and payments to be made from these limits will be provided with a 3-month grace period and up to 12-month installments.

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Limit increase will be made in Business Cards owned by companies, and cost-free supply capacities will be increased. By increasing the limit and prevalence of the VBanko Czech product, the banking guarantee facility will be put into circulation, reducing the need for cash and providing cost-free financing. Credit requests of citizens who need personal loans will not be exposed to epidemic risk by providing them through VakıfBank Mobile, internet banking and Sky Limits. Retail loan customers will be able to postpone installments and credit card payments up to 3 months.

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Halkbank announced the measures it takes within the scope of the “Financial Stability Shield” taken to protect financial stability, support businesses, maintain employment and ensure the continuity of household economies.

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According to the statement made by Halbank; – Companies and individual customers who could not pay their installments, interest and principal until 31 March 2020 will be able to postpone their payments for this period. – The loans used by tradesmen and craftsmen in order to support the negativities experienced during this period; Principal and interest payments, whose maturities will come in April, May and June 2020, will be postponed for 3 months and without interest. – Bank customers with payment problems will have the opportunity to configure their loans with a suitable term with a grace period of up to 6 months, as the cash flow is impaired. The grace period can be extended up to 12 months in sectors with periodic activities such as tourism.

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– Companies that pay their staff salaries through Halkbank will be given an additional credit limit as much as staff salary expense over the next 3 months, provided that they do not reduce their employment compared to the end of February. – In order to pay checks on credit received by Halkbank's credit customers, Halkbank will increase the general credit limits and provide additional cash credit limits. – To meet working capital needs; Corporate card limits of companies with Halkbank corporate credit card and Direct Debit System limit will be increased.

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Ziraat Participation will delay the installments, dividends and principal payments that should be paid until March 31, if commercial and individual customers demand.

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Appropriate term structuring practices will be developed by providing up to 6 months of grace period for the current financing of our customers, whose cash flow is disrupted or foreseen and may have payment problems, and up to 12 months in sectors with periodic activity.

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Provided that the companies that pay their salaries through our bank maintain their employment at the end of February, an additional limit of 3 months' personnel salary expense will be given, if necessary. Our bank, which has a financing limit from our bank, will meet the working capital and the additional limit requirements for the Direct Debit System that may arise due to the current conditions.

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Within the scope of the package put into use by Vakıf Participation, providing flexibility in installment payments until June 30, 2020, upon the demands of our customers who use individual and corporate funds,

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The restructuring of the funds used by the enterprises in accordance with their cash flows and according to their sectoral status, with no grace period, and the structuring of the most affected sectors, including tourism and urban public transportation, with a grace period of up to 12 months,

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Providing 1-year term funding up to the “3-month salary expense” in order to meet the employment demands of the companies that receive personnel salary payment from our institution; In order to facilitate the public payment obligations of companies such as Tax and SGK; 3 months of non-payment, up to 12 months of installments.

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Within the scope of the new support package launched due to the coronavirus, Emlak Participation will offer individual and corporate customers the opportunity to delay their installments, dividends and principal payments until 31 March.

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According to the Real Estate Participation statement, the bank launched the measure and support package it prepared for its stakeholders due to the coronavirus. In this context, the Bank offers its retail and corporate customers the opportunity to postpone the installments, dividends and principal payments required until 31 March. Emlak Participation will provide a timed configuration that meets the requirements of the customers within the scope of this delay.

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The bank, which provides the grace period up to 6 months, can extend this period up to 12 months. The bank will also provide its corporate customers, who are salary customers, an additional limit of 3 months' salary expense, provided that they retain their employment at the end of February if needed. Emlak Participation will also meet the needs of its customers with financing limits for the working capital and the Direct Debit System that may occur due to the current conditions.

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Akbank, Turkey and the whole world under the influence of space-19 Covidien epidemic takes to support the social struggle due to the announced economic measures.

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According to the statement made by Akbank, the following supports will be given to the economy: – In case of demand, principal, interest and installment payments of our individual and corporate customers will be postponed until 30 June. – EFT and money order transactions to be carried out via mobile, Internet Branch and ATM will be made free of charge until April 30.

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– Our customers' daily withdrawal limit from our ATMs was increased to 5,000 TL with a card and 5,000 TL with a QR code free of charge from Akbank Mobil. The duration of this application was extended until April 30. – Also, our customers' transactions such as withdrawals, deposits, balance viewing and credit card debt payment at the Common ATMs were made free until April 30.

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DenizBank announced that it has decided to postpone up to 3 months in principal, interest and installment payments until April 30, if demand is made in order to overcome the short-term financial problems that the coronavirus epidemic may cause on its customers.

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The DenizBank statement stated that some economic measures were taken regarding the short-term financial problems that may arise due to the coronavirus epidemic: The principal, interest and installment payments of our individual and commercial customers until April 30 will be postponed until 30 June. EFT and money order transactions to be made through Mobile, Internet Branch, ATM, fastPay and Communication Center will be carried out free of charge until otherwise specified.

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The daily withdrawal limit has been increased up to 5 thousand TL free of charge with a card or QR Code from our ATMs. For the health of our customers, we arranged working hours in branches at 12.00-17.00. In the statement, the bank; It is stated that it will continue to provide 724 services through Mobile Branch, Internet Branch, fastPay, ATM and Communication Center.

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Yapı Kredi launched an economic support package for its customers within the scope of the coronavirus (Kovid-19) outbreak.

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In the Yapı Kredi statement, the economic support package was put into effect to support customers, and continued as follows: Individual and corporate customers' principal, interest and installment payments until April 30 will be postponed until June 30, under current conditions, if requested. Efforts will be made to support the daily banking needs and commercial activities of individual and corporate customers with existing limits and to set additional limits if necessary.

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As announced last week, no fee will be charged for 1 month for EFT transfer and cardless deposit withdrawals from Yapı Kredi Mobile, Yapı Kredi Internet Branch and ATMs. According to the statement, Yapı Kredi branches provide service between 12.00 and 17.00 every weekday, as of March 22, within the scope of measures taken for the health of customers and employees. Yapı Kredi Mobile, Yapı Kredi Internet Branch, Customer Communication Center and all Yapı Kredi ATMs continue to provide 24/7 uninterrupted service for all banking transactions.

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According to the statement made by the banks Isbank spread in Turkey and announced its support to the economy by the World Health Organization that commissioned due to be declared as a pandemic outbreak of coronavirus package.

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If customers need until April 30, they will be able to postpay the principal aiztaxide until June 30 without any additional terms. All the necessary support, including the grace period, will be provided on a case-by-case basis, regardless of the sector, especially the tourism, logistics, shopping malls and retail sectors, whose financial structure is negatively affected due to the epidemic.

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SMEs and micro enterprises will be supported with the existing limits in order to fulfill their commercial obligations that they entered before the epidemic, and if necessary, maximum efforts will be made to support the base. Regardless of whether the salary is contracted or not, the Bank will contribute to the payment of salary payments for the next 3 months, if necessary, with additional limit allocation, provided that they do not reduce employment. No bank customers will be charged until April 30 (including card to card transfer) from EFT transfer transactions through digital channels. Credit card limits will be increased if customers need it at the time of shopping, especially health and food. POS and Payment Recording Device (ÖKC) fees will be delayed for 3 months. Retail customers will be offered the opportunity to postpone consumer loan, credit card and additional account payments for 3 months. Business Bank, these measures poem with but not limited to, and including facilities to be provided to citizens who lost their first business, Turkey's constructive to overcome the challenges that enters the country as the Bank and the solution-oriented approach to take whatever additional measures continued as it is until today.

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The supports provided by Garanti BBVA to its customers are as follows; Opportunity to postpone loan principal, interest and installment payments until 30 June 2020, without any additional conditions,

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Principal payments of existing loans in commercial loans can be extended up to 6 months; Afterwards, restructuring companies according to their cash flows, supporting SMEs and micro-scale enterprises with their proactive limit works in case of necessity, flexibility in supplier financing limits in order to support SMEs' cash flow, in order to meet their current financial obligations,

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In addition to postponing consumer loans and additional account payments to individual customers for 3 months, providing support for credit card debt payments, and a grace period option suitable for all institutions, companies and businesses in need of economic support, especially in sectors that are heavily affected by the coronivirus outbreak. Providing the necessary support by taking into account all kinds of expenses and commissions, considering the financial situation of the customers who are in distress and evaluating them on an individual basis.

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Kuveyt Türk made a statement regarding the measures taken against the new type of coronavirus epidemic.

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The statement made by the bank said, “The installment payments of the companies operating in the sectors affected by the epidemic and the individuals working in these firms will be postponed until June.”

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Odeabank announced that if the legal customers who have difficulties in payment are required and demanded, their anaparafaiztaxide payments until April 30 will be postponed until 30 June without any additional conditions. Odeabank announced its economic support package against the Covid-19 epidemic, which affected the whole world:

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– Required support will be provided to the legal customers in need, especially in the sectors whose financial structure is negatively affected, by evaluating on a case-by-case basis. – Upon request, retail loan customers will be able to delay their installments and credit card payments up to 3 months until April 30, 2020. – No bank customers will be charged until April 30 for EFT transfer transactions through digital channels. In the statement made by the bank, it was said that individual customers who want to make a request can apply to Odeabank Communication Center at 444 8 444, and legal customers can contact their customer representatives.

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QNB Finansbank announced that it provides deferral support for individual and corporate customers who use loans to support the economic problems experienced by individuals and institutions due to the Covid-19 outbreak.

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According to the statement made by QNB Finansbank, individual and corporate customers using loans will be able to postpone loan principal, interest and commission payments for 3 months by applying to the bank in case of difficulties in payment. In addition, the legal customers operating in the sectors that are affected periodically will be provided with the opportunity to configure them for 6 months to 1 year grace period for those who have cash flow problems. Customers requesting postponement in their loans will be able to apply through the call center.

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Şekerbank announced that due to the Covid-19 outbreak, healthcare workers will delay their existing credit and credit card payments until June. In the Şekerbank statement, it was stated that SMEs will be provided with additional cropping opportunities provided that current employment is preserved.

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Supports included in the financial package prepared by Şekerbank are as follows: existing personal loans and credit card debts will be postponed until June. In order to meet its compulsory payments, it will be possible to increase the existing overdraft account limits up to 20 percent upon request. Şekerbank customers will be able to perform their EFT and money transfer transactions free of charge until April 30 through the internet branch and mobile branch. A proactive limit increase study will be carried out in order to enable individual customers to use their credit card and overdraft account limits if needed. Şekerbank has arranged the working hours in its branches from 12.00 to 17.00 as of March 23.

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Turkey Finance, a new type of coronavirus (Kovid-19) in order to reduce the impact of outbreaks of Turkey's economy has announced its comprehensive support package consisting of six special agents to retail and commercial customers.

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Turkey takes Join measures in the application framework will be up to the Finance Participation Bank, 30 April 2020 listed as follows: Turkey upon request of Finance of all retail and commercial financing customers have used the installment payments on funds that, in accordance with the cash flow, until June 30, 2020 It can be postponed. Individual customers are provided with additional financing support in their credit card payments upon request. Existing financing of commercial, SME and micro-scale customers is restructured in accordance with their cash flows when needed. New financing opportunities are provided to all commercial customers, primarily tradesmen and SME customers. Enterprises that receive personnel salary payment services are provided with funding opportunities within the limits of up to 3 months' salary and up to 24 months without payment for 3 months. Currently, we offer free EFT and Money Transfer transactions to all customers until June 30, 2020, through digital channels that are applied to individual customers. He also reminded that customers can carry out their financial transactions without visiting their branches from mobile branches, internet branches, communication centers and ATMs. Murat Evening also stated that they will continue to provide uninterrupted service at 08.30-17.00 hours for customers who have to come to the branches. 19 from the first moment of the epidemic measures to prevent branches in the area and 50 percent less personnel working model of alternating said Turkey Finance, was ihr cash customers The measure also many free withdrawal limit of 24 hours in one day aldı.türki Finance ATMs for age 5 thousand TL issuing banks, continue to provide services to its customers from over 8 thousand 700 ATM points. In addition, the bank increased the upper limit of contactless transactions, which can be done with a credit card, from 120 TL to 250 TL.

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The number of banks that postponed debts increased to 16: Here the bank supports the bank offered

Following the coronavirus epidemic, banks responded to the postponement requests related to credit debts, which were brought to the agenda after many workplaces and employees stopped working. Following the disclosure of bank support package for 13 consecutive clients today Şekerbank announced Odeabank Finance and Turkey would shift their installment payments.

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