Haberler    English    العربية    Pусский    Kurdî    Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 22/03/2019 10:37 
14.03.2019 11:50 News >> Turkish Private Sector's Loans From Abroad Down İn Jan.

Turkish Private Sector's Loans From Abroad Down İn Jan.

Central Bank says short term loans total nearly $14B, long term loans amount to some $210B.

Turkish private sector's outstanding loans received from abroad fell in January, the country's Central Bank (CBRT) reported Thursday.

Excluding trade credits, private sector's short-term loans totaled $13.8 billion, going down $1.5 billion from the end of 2018.

Official figures revealed that financial institutions possessed 71.6 percent of the total short-term loans.

On the long-term side, the amount was $210.1 billion as of January, marking a $414 million decline compared with December 2018.

The CBRT noted that 48.8 percent of the external long-term loans consists of liabilities of the financial institutions.

"Regarding the currency composition, of the total long-term loans in the amount of $210.1 billion, 59.6 percent consists of U.S. dollar, 34.7 percent consists of euro, 4.3 percent consists of Turkish lira and 1.4 percent consists of other currencies

"... And of the total short-term loans in the amount of $13.8 billion, 41.3 percent consists of U.S. dollar, 34.1 percent consists of euro, 24.2 percent consists of Turkish lira and 0.4 percent consists of other currencies," it said.

By the end of January, principal repayments of the private sector's total external loans was $63.8 billion for the next 12 months. -



        Latest News
Turkstream Gas Deliveries To Hungary To Begin Late 2021 5 minutes ago...
Russia will deliver natural gas to Hungary via TurkStream in the second half of 2021, says Hungarian FM.
Turkish Stocks Up 0.24 Pct At Opening 5 minutes ago...
BIST 100 index rises 245.71 points from Thursday's close, USD/TRY exchange rate stands at 5.47.
Group Of Muslim Nations Discussing Nz Terror Attacks 35 minutes ago...
Members of Organization of Islamic Cooperation meet Friday in Istanbul after last week's twin mosque attacks in New Zealand.
Uludag Economy Summit Kicks Off At Turkish Ski Resort 35 minutes ago...
Two day event gathers businesspeople, economists, top officials, academics around the world.
UK Academics Discuss What Comes Next For Brexit 5 minutes ago...
With just a week to go before scheduled divorce date, event at Essex University discusses contingencies.

 
      Top News
Euroleague: Anadolu Efes Win Secures Fourth Spot Euroleague: Anadolu Efes Win Secures Fourth Spot
Regime Attacks Displaced 200,000 Within 5 Months: Ngo Regime Attacks Displaced 200,000 Within 5 Months: Ngo
Nba: Rockets Lose Despite Harden's Heroic Performance Nba: Rockets Lose Despite Harden's Heroic Performance
Turkish War Jets Hit PKK Terrorist Targets İn N.Iraq Turkish War Jets Hit PKK Terrorist Targets İn N.Iraq
Turkey: Any Future Cyprus Talks Must Be Result-Oriented Turkey: Any Future Cyprus Talks Must Be Result-Oriented
Multiple Blasts Hit Afghan Capital, Casualties Reported Multiple Blasts Hit Afghan Capital, Casualties Reported
US Sanctions On Venezuela May Worsen Crisis: Un US Sanctions On Venezuela May Worsen Crisis: Un
2007 Train Bombing: Indian Court Acquits 4 Accused 2007 Train Bombing: Indian Court Acquits 4 Accused
Turkey's Erdogan Marks Spring Festival Nevruz Turkey's Erdogan Marks Spring Festival Nevruz
Palestine Protests Hungary Over Jerusalem Office Palestine Protests Hungary Over Jerusalem Office