The Central Bank of the Republic of Turkey (TCMB) announced that the account opening and renewal transactions of legal entities have been terminated within the scope of the exit strategy from the Currency Protected Deposit (CCD) accounts.
In a statement made by the TCMB, it was stated that, "The TCMB has decided to terminate the account opening and renewal transactions of legal entities in all KKM accounts (including YUVAM accounts) as of February 15, 2025."
The statement also noted that legal entity KKM accounts were excluded from the targets regarding the conversion of KKM to TL and renewal.