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Loan utilization and prepayment fees are recently amended

March 16, 2021

The Communiqué on Procedures and Principles Regarding Fees that can be Collected by Banks from Commercial Customers was amended on March 1, 2021. The amendments impact loan utilization fees and prepayment fees charged to commercial customers.

Click here to access more information on this topic from Fatoş Otcuoğlu, Junior Partner at Pekin Bayar Mizrahi, in alliance with Norton Rose Fulbright in Turkey.