As of November 2020, the short-term loan debt of the private sector from abroad was 8.6 billion dollars, and the long-term loan debt was 160.9 billion dollars.
Central Bank of the Republic of Turkey (CBRT) by November 2020 period during which the private sector abroad loan debt developments in the filed. Accordingly, in November last year, compared to the end of 2019, the long-term loan debt obtained by the private sector from abroad decreased by 18.4 billion dollars to 160.9 billion dollars, short term loan debt (excluding commercial loans) decreased by 136 million dollars to 8.6 billion dollars. landed.
In the same period, banks’ long-term borrowing decreased by $ 3.2 billion, while their debt in the form of bond issues fell by $ 648 million to $ 20.3 billion. While the borrowing of non-banking financial institutions in the form of long-term loans decreased by 2.1 billion dollars, the bond stock decreased by 1.1 billion dollars to 2.5 billion dollars.
In November last year, compared to the end of 2019, it was observed that non-financial institutions’ borrowing in the form of long-term loans decreased by 10.3 billion dollars, while the bond stock decreased by 45 million dollars to 7.1 billion dollars.
Regarding short-term loan debt, banks’ loans in the form of loans increased by $ 135 million to $ 5.8 billion in November last year compared to the end of 2019. During this period, non-financial institutions’ borrowings in the form of loans decreased by $ 303 million to $ 1.3 billion.
CURRENT REPAYMENT IN ONE YEAR IS 41.2 BILLION DOLLARS
Long-term debt to private creditors, excluding bonds, decreased by $ 17.2 billion in November last year compared to the end of 2019, to $ 108.7 billion. During this period, the amount of short-term debt to private creditors, excluding bonds, decreased by $ 227 million to $ 8.2 billion.
Looking at the currency composition, 62.6 percent of the long-term loan debt of 160.9 billion dollars was dollars, 33.4 percent was euros, 2.1 percent was Turkish lira and 1.9 percent was other foreign currencies. It was observed that 41.1 percent of the total short-term loan debt of $ 8.6 billion was composed of dollars, 35.3 percent of euros, 20.6 percent of Turkish lira and 3 percent of other foreign currencies.
As of November last year, financial institutions accounted for 43.3 percent and non-financial institutions accounted for 56.7 percent of the total long-term loan debt. In the same period, 83.5 percent of the total short-term loan debt was made up of financial institutions and 16.5 percent of non-financial institutions.
When the total loan debt obtained by the private sector from abroad is analyzed according to the remaining maturity, it is observed that the total repayments to be made within a year is 41.2 billion dollars.
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