Banks were granted capital flexibility in share buybacks. With the decision made by the Banking Regulation and Supervision Board (BRSA), the shares banks buy back will not be deducted from their core capital. The decision of the Banking Regulation and Supervision Board (BRSA) states: “At the meeting of the Board on 25.03.2025, following the examination of the letter dated 24.03.2025 with the reference number E-24049440-045.01[4/1]-149517; – Shares acquired through buybacks from Borsa Istanbul A.Ş. Stock Market by publicly listed banks after 17/3/2025, until 31/12/2025; it will not be considered as a deduction item from core capital in the application of the fourth paragraph of Article 9 (a1) of the Regulation on Banks’ Equity and will not be included in the calculation of credit risk basis amount and market risk basis amount in the application of the Regulation on Measurement and Assessment of Banks’ Capital Adequacy, – It is decided to announce this Decision to the Institutions and to publish it on the Authority’s website.”