{"id":423,"date":"2015-01-05T09:30:12","date_gmt":"2015-01-05T07:30:12","guid":{"rendered":"https:\/\/adalethazar.com\/?p=423"},"modified":"2015-01-05T09:30:32","modified_gmt":"2015-01-05T07:30:32","slug":"merkezden-bankalari-etkileyecek-karar","status":"publish","type":"post","link":"https:\/\/adalethazar.com\/index.php\/merkezden-bankalari-etkileyecek-karar\/","title":{"rendered":"Merkez&#8217;den bankalar\u0131 etkileyecek karar!"},"content":{"rendered":"<p>Finansg\u00fcndem &#8211; Merkez&#8217;den bankalar\u0131 etkileyecek karar!<\/p>\n<p>Merkez Bankas\u0131, zorunlu kar\u015f\u0131l\u0131k oranlar\u0131 ve ROK&#8217;u yeniden belirledi<br \/>\nMerkez Bankas\u0131, k\u00fcresel piyasalardaki son geli\u015fmeleri dikkate alarak finansal istikrar\u0131 desteklemek amac\u0131yla bankalar\u0131n ve finansman \u015firketlerinin yabanc\u0131 para cinsinden y\u00fck\u00fcml\u00fcl\u00fcklerinin zorunlu kar\u015f\u0131l\u0131k oranlar\u0131n\u0131, \u00e7ekirdek d\u0131\u015f\u0131 y\u00fck\u00fcml\u00fcl\u00fcklerde vadelerin uzamas\u0131n\u0131 te\u015fvik edici y\u00f6nde de\u011fi\u015ftirdi.<!--more--><\/p>\n<p>Merkez Bankas\u0131&#8217;ndan yap\u0131lan a\u00e7\u0131klamaya g\u00f6re, oranlar \u015fu \u015fekilde olacak:<\/p>\n<p>Yabanc\u0131 Para Mevduat\/Kat\u0131l\u0131m<\/p>\n<p>Fonu D\u0131\u015f\u0131 Y\u00fck\u00fcml\u00fcl\u00fckler\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Mevcut Oranlar (%)\u00a0 Yeni Oranlar (%)<\/p>\n<p>1 y\u0131la kadar(1 y\u0131l d\u00e2hil) vadeli\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 18<br \/>\n2 y\u0131la kadar(2 y\u0131l d\u00e2hil) vadeli\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13<br \/>\n3 y\u0131la kadar(3 y\u0131l d\u00e2hil) vadeli\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8<br \/>\n5 y\u0131la kadar(5 y\u0131l d\u00e2hil) vadeli\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7<br \/>\n5 y\u0131ldan uzun vadeli\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6<\/p>\n<p>Yabanc\u0131 para zorunlu kar\u015f\u0131l\u0131k oranlar\u0131ndaki art\u0131\u015fla Merkez Bankas\u0131\u2019n\u0131n d\u00f6viz rezervlerine yakla\u015f\u0131k 3,2 milyar ABD dolar\u0131 tutar\u0131nda katk\u0131 sa\u011flanacak. H\u00e2lihaz\u0131rda y\u00fczde 11,7 olan yabanc\u0131 para ortalama zorunlu kar\u015f\u0131l\u0131k oran\u0131 y\u00fczde 12,8 seviyesine y\u00fckselecek.<\/p>\n<p>Ayr\u0131ca, rezerv opsiyonu mekanizmas\u0131n\u0131n otomatik dengeleyici \u00f6zelli\u011finin g\u00fc\u00e7lendirilmesi amac\u0131yla, rezerv opsiyonu dilimlerinde ve katsay\u0131lar\u0131nda, zorunlu kar\u015f\u0131l\u0131k oranlar\u0131ndaki uyarlamalar sonucunda ihtiya\u00e7 duyulan d\u00f6viz likiditesini de \u00f6nemli \u00f6l\u00e7\u00fcde kar\u015f\u0131layacak \u015fekilde teknik ayarlamalar yap\u0131ld\u0131. Bu \u00e7er\u00e7evede, T\u00fcrk liras\u0131 zorunlu kar\u015f\u0131l\u0131klar\u0131n d\u00f6viz cinsinden tesis edilmesi imk\u00e2n\u0131 uygulamas\u0131nda imk\u00e2n \u00fcst limiti de\u011fi\u015fmeden dilim say\u0131s\u0131 art\u0131r\u0131larak rezerv opsiyonu katsay\u0131lar\u0131 a\u015fa\u011f\u0131daki \u015fekilde de\u011fi\u015ftirildi:<\/p>\n<p>D\u00f6viz Tesis<\/p>\n<p>\u0130mk\u00e2n\u0131 Dilimleri (%)\u00a0\u00a0 \u00a0Mevcut ROK\u00a0\u00a0 \u00a0 Yeni ROK<br \/>\n0-30\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,4\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,20<br \/>\n30-35\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,5\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,50<br \/>\n35-40\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,8\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,90<br \/>\n40-45\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,6\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,30<br \/>\n45-50\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,9\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,70<br \/>\n50-55\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,10<br \/>\n55-56\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,30<br \/>\n56-57\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,50<br \/>\n57-58\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,70<br \/>\n58-59\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,90<br \/>\n59-60\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,10<\/p>\n<p>Bankalar ve finansman \u015firketleri T\u00fcrk liras\u0131 zorunlu kar\u015f\u0131l\u0131klar\u0131n d\u00f6viz cinsinden tesis edilmesi imk\u00e2n\u0131n\u0131 istikrarl\u0131 bir \u015fekilde kullanmakta olup, 19 Aral\u0131k 2014 tarihli tesis d\u00f6nemi itibariyle yararlanma oran\u0131 y\u00fczde 86,1 (51,6\/60) d\u00fczeyindedir. Mevcut imk\u00e2n d\u00e2hilinde T\u00fcrk liras\u0131 zorunlu kar\u015f\u0131l\u0131klar i\u00e7in 33 milyar ABD dolar\u0131 tutulmaktad\u0131r. \u0130mk\u00e2n\u0131n ayn\u0131 oranda kullan\u0131lmas\u0131 halinde, yap\u0131lan bu de\u011fi\u015fiklik sonucunda Bankam\u0131z d\u00f6viz rezervlerinden yakla\u015f\u0131k 2,4 milyar ABD dolar\u0131 serbest kalabilecek.<\/p>\n<p>S\u00f6z konusu d\u00fczenlemeler 13 \u015eubat 2015 tarihli y\u00fck\u00fcml\u00fcl\u00fck cetvelinden itibaren ge\u00e7erli olacak ve tesis d\u00f6nemi 27 \u015eubat 2015 tarihinde ba\u015flayacak.<\/p>\n<p><strong>BU DE\u011e\u0130\u015e\u0130KL\u0130K BANKALARI NASIL ETK\u0130LEYECEK?<\/strong><\/p>\n<p>Burgan Yat\u0131r\u0131m Ba\u015fekonomisti Haluk B\u00fcr\u00fcmcek\u00e7i karar\u0131n bankalar\u0131n k\u0131sa vadeli d\u0131\u015f bor\u00e7lanmas\u0131na y\u00f6nelik tedbir ama\u00e7l\u0131 okunmas\u0131 gerekti\u011fini s\u00f6yledi. Zorunlu kar\u015f\u0131l\u0131klar\u0131n art\u0131r\u0131lmas\u0131yla s\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 ancak Rezerv Opsiyon Katsay\u0131s\u0131 dilim de\u011fi\u015fikli\u011fi ile rahatlat\u0131c\u0131 olmas\u0131 a\u00e7\u0131s\u0131ndan karar\u0131n dengeli ve olumlu oldu\u011funu belirten B\u00fcr\u00fcmcek\u00e7i &#8220;Bunu s\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 bir \u00f6nlem olarak g\u00f6rmek m\u00fcmk\u00fcn. Bankalar a\u00e7\u0131s\u0131ndan likidite kaynakl\u0131 bir s\u0131k\u0131nt\u0131 olmamas\u0131 i\u00e7in al\u0131nm\u0131\u015f bir tedbir. Banka hisseleri a\u00e7\u0131s\u0131ndan olumsuz etki g\u00f6zlenebilir. Dolar\/TL kurunda ise etkili olacak bir karar gibi g\u00f6z\u00fckm\u00fcyor&#8221; diye konu\u015ftu.<\/p>\n<p>Finansbank Ba\u015f ekonomisti \u0130nan Demir al\u0131nan karar\u0131n piyasalara etkisinin s\u0131n\u0131rl\u0131 olaca\u011f\u0131n\u0131 belirterek, &#8220;Merkez Bankas\u0131 bir s\u00fcredir bu y\u00f6nde sinyaller veriyordu. Bu y\u00fczden benim i\u00e7in beklenmedik bir karar de\u011fildi. S\u00fcrpriz olan tek \u015fey karar\u0131n haftasonu a\u00e7\u0131klanm\u0131\u015f olmas\u0131d\u0131r&#8221; diye konu\u015ftu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finansg\u00fcndem &#8211; Merkez&#8217;den bankalar\u0131 etkileyecek karar! Merkez Bankas\u0131, zorunlu kar\u015f\u0131l\u0131k oranlar\u0131 ve ROK&#8217;u yeniden belirledi Merkez Bankas\u0131, k\u00fcresel piyasalardaki son geli\u015fmeleri dikkate alarak finansal istikrar\u0131 desteklemek amac\u0131yla bankalar\u0131n ve finansman \u015firketlerinin yabanc\u0131 para cinsinden y\u00fck\u00fcml\u00fcl\u00fcklerinin zorunlu kar\u015f\u0131l\u0131k oranlar\u0131n\u0131, \u00e7ekirdek d\u0131\u015f\u0131 y\u00fck\u00fcml\u00fcl\u00fcklerde vadelerin uzamas\u0131n\u0131 te\u015fvik edici y\u00f6nde de\u011fi\u015ftirdi.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"views":5079,"_links":{"self":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts\/423"}],"collection":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/comments?post=423"}],"version-history":[{"count":2,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts\/423\/revisions"}],"predecessor-version":[{"id":425,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/posts\/423\/revisions\/425"}],"wp:attachment":[{"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/media?parent=423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/categories?post=423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adalethazar.com\/index.php\/wp-json\/wp\/v2\/tags?post=423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}