Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 14/10/2019 17:38 
18.09.2019 10:35 News >> Turkish Private Sector's External Debt Down In July

Turkish Private Sector's External Debt Down In July

Central Bank says private sector's short term external loans amount to $12.9B, long term foreign loans total $198.5B.

The value of the Turkish private sector's outstanding loans received from foreign countries fell in July, the country's Central Bank announced on Wednesday.
The private sector's short-term external loans -- excluding trade credits -- amounted to $12.9 billion in July, down $2.5 billion versus the end of last year, according to the Central Bank of the Republic of Turkey (CBRT).
The bank said that 75.3% of all short-term loans consisted of liabilities of financial institutions.
On the long-term side, the private sector's loans from abroad totaled $198.5 billion as of July, down $11.2 billion from the end of 2018.
Financial institution liabilities constituted 47% of long-term external loans, the CBRT noted.
Regarding the currency composition, of the total long-term loans in the amount of $198.5 billion, 60.6% consists of the U.S. dollar, 33.8% consists of euro, 4.1% consists of Turkish lira and 1.5% consists of other currencies.
"And of the total short-term loans in the amount of $12.9 billion, 53.9% consists of the U.S. dollar, 27% consists of euro, 18.9% consists of Turkish lira and 0.2% consist of other currencies," the CBRT said.
The bank added that principal repayments of the private sector's total outstanding external loans were $57.1 billion for the next 12 months by the end of July. -



        Latest News
Turkey: Gold Company Suspends Its Activities In Kirazli 17 minutes ago...
No further construction activities until mining concessions renewed, Alamos Gold says.
Tunisia: French Tourist Killed In Stabbing 17 minutes ago...
Tunisian soldier also injured in knife attack in north African country.
Turkey: Main Opposition Deputy Faces Inquiry 32 minutes ago...
Republican People's Party’s Istanbul deputy accused of denigrating Republic of Turkey amid anti terrorist operation in Syria.
Now For East Side Of Euphrates: Operation Peace Spring 32 minutes ago...
The PYD/YPG/PKK has imposed its Kurdish version of Baathist ideology on the regions of northern Syria that came under its domination, forcing local inhabitants to ingest its ideology and join its militias.
UK: Queen Delivers Speech, Opens Parliament 32 minutes ago...
British parliament formally opens new session, as deadline for Brexit comes close.

 
      Top News
Tunisia: French Tourist Killed In Stabbing Tunisia: French Tourist Killed In Stabbing
Turkey: Main Opposition Deputy Faces Inquiry Turkey: Main Opposition Deputy Faces Inquiry
UK: Queen Delivers Speech, Opens Parliament UK: Queen Delivers Speech, Opens Parliament
Kenyans Receive Remains Of Loved Ones After Plane Crash Kenyans Receive Remains Of Loved Ones After Plane Crash
US Rules Out Confrontation With 'NATO Member Turkey' US Rules Out Confrontation With 'NATO Member Turkey'
Iraq: Baghdad Council Elects New Governor Iraq: Baghdad Council Elects New Governor
Mozambique Gears Up For General Elections Mozambique Gears Up For General Elections
PKK Supporters Attack Turkish Group In Germany PKK Supporters Attack Turkish Group In Germany
Erdogan Extends Condolences To Martyr's Family Erdogan Extends Condolences To Martyr's Family
Turkish Op. To Bring Peace In Region, NATO PA Told Turkish Op. To Bring Peace In Region, NATO PA Told