May the new year inspire hope, bring health, and fill our lives with happiness and success. Wishing you a joyful and prosperous New Year!
The Communiqué on Determination of Interest Rates to be Applied in Rediscount and Advance Transactions was published in the Official Gazette dated 28.12.2024. According to this communiqué; The discount interest rate to be applied for rediscount transactions to be made against deeds with 3 months to maturity date maximum is 47.25 percent per annum. The interest rate to be applied for advance transactions is 49.25 percent per annum. These rates…
As per the Communique published in the Official Gazette dated 20.12.2024 As per the Communique published in the Official Gazette dated 20.12.2024, amendments were made to the monetary limits specified in Article 68 of the Law on Consumer Protection and Article 6 of the Consumer Arbitration Committees Regulation. Pursuant to aforementioned Communique; For applications to be made in 2025, Provincial or District Consumer Arbitration Committees will have jurisdiction over disputes…