- As regards private sector’s outstanding loans received from abroad, long-term loansrecorded USD 202.7 billion as of February, increasing by USD 241 million whereas short-term loans (excluding trade credits) realized USD 15.2 billion, increasing by USD 902 million in comparison to the end of 2016.
- From the borrower’s side, regarding long-term loans, banks’loan liabilities decreased by USD 193 million whereas bond liabilities amounted to USD 24.5 billion, increasing by USD 150 million in comparison to the end of 2016. In the same period, non-bank financial institutions’ loan liabilities decreased by USD 333 million; whereas bond liabilities amounted to USD 4.5 billion, decreasing by USD 51 million. Non-financial institutions’ loan liabilities recorded an increase of USD 592 million in comparison to the end of 2016; while bond liabilities amounted to USD 5.7 billion, as of February. Regarding short-term loans,banks’ loan liabilities realized as USD 10.8 billion increasing by USD 499 million; whereas non-financial institutions’ loan liabilities realized as USD 2.7 billion, increasing by USD 486 million in comparison to the end of 2016.
- From the creditor’s side, regarding long-term loans, liabilities to private creditorsexcluding bonds amounted to USD 147.7 billion, decreasing by USD 31 million compared to the end of the previous year. Regarding short-term loans, liabilities to private creditors excluding bonds amounted to USD 14.8 billion increasing by USD 916 million compared to the end of the previous year.
- Regarding the currency composition, of the total long-term loansin the amount of USD 202.7 billion, 60.9 percent consists of USD, 33.0 percent consists of Euro, 4.2 percent consists of Turkish lira and 1.9 percent consists of other currencies and of the total short-term loans in the amount of USD 15.2 billion, 50.9 percent consists of USD, 31.2 percent consists of Euro, 17.7 percent consists of Turkish lira and 0.2 percent consists of other currencies.
- As for the sectoral breakdownby the end of February, of the total long-term loans in the amount of USD 202.7 billion, 52.0 percent consist of liabilities of the financial institutions, whereas 48.0 percent consists of the liabilities of the non-financial institutions. In the same period, of the total short-term loans in the amount of USD 15.2 billion, 82.1 percent consists of liabilities of the financial institutions, whereas 17.9 percent consists of liabilities of the non-financial institutions.
- Private sector’s total outstanding loans received from abroad based on a remaining maturity basis; point out to principal repayments in the amount of USD 66.0 billion for the next 12 months by the end of February.
Source: Central Bank of the Turkish Republic – February 2017
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