The Banking Regulation and Supervision Agency (BDDK) stated that it would be beneficial to allow the use of the Natural Catastrophe Insurance Fund (DASK) guarantees in the earthquake area for the repair of workplaces as much as possible so that the Damaged workplaces can be reactivated.

In the letter sent by BRSA to the Association of Turkish Banks and the Association of Participation Banks of Turkey, the importance of using TCIP guarantees for companies affected by the earthquake, mainly in the repair of workplaces, is emphasized.

FINANCIAL PROBLEMS OF CITIZENS ARE REMEMBERED

In the letter sent to the unions, it was stated that after the earthquakes in Kahramanmaraş very serious economic problems arose and grievances from citizens due to material damage to buildings, among other issues, and it was understood that some of the demolished or deteriorated buildings They constitute the guarantee of the housing loan and some of them constitute the guarantee of the other loans used by the transferred client.

Several correspondences were carried out between the Turkish Bank Association and the Turkish Participation Bank Association, the Agency for Supervision and Regulation of Private Insurance and Pensions (SEDDK) and TCIP, to clarify the problems and doubts on distribution and distribution of the compensation amounts. paid by TCIP to related parties for the damages occurred in the earthquake, the following statements were included in the registered article:

‘PAYMENT OF DAMAGES FOR HOMES USED AS OFFICES…’

“In order to overcome the injuries of the earthquake disaster, which has a very high cost to our country and whose effects are expected to continue for some time, it will be important for stakeholders to support the people affected by the earthquake as much as possible. as possible.

In this context, considering the complaints made to our Agency that earthquake insurance compensation amounts deposited in banks are deducted from all accounts receivable from the relevant customer, it is beneficial to consider the issue sensitively, keeping in mind the correspondences made by SEDDK and TCIP, which were previously sent to the banks through their Association.

Additionally, it is important that damage payments for residences used as offices and similar workplaces be used to reactivate the applicable workplace.”

‘THE 6 MONTHS DELAY SHOULD BE EASY’

In the statement, referring to the BRSA decision dated February 10 and number 10507, it is necessary to facilitate the postponement of principal and interest payments for a minimum of 6 months, depending on customer demands, from of February 6, with respect to The importance of loans granted to clients affected by the earthquake/disaster and whose solvency has deteriorated was highlighted.

Notwithstanding the shorter-term demands of the client, it is considered appropriate to book the payments of principal and interest if the client does not request it, in the event that the deferral is carried out without demanding interest/participation in profits, and it is deemed appropriate to do so with the utmost care in complying with BRSA legislation and banking principles and practices.

“In this process it was decided not to cause any unfair treatment to customers and to provide all kinds of facilities, including additional financing, and this matter was communicated to you in our letter dated February 13 and number 76932. In this regard, it is useful to remember that due sensitivity must be shown in the scope of the aforementioned Board Decision, including clients whose workplaces were damaged by the earthquake.” (AA)