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FinancialNews


  • 17-03-21

    Private’s short-term overseas loans stand at USD9.8B billion in January

    (MENAFN)According to the Turkish Central Bank, Turkey’s short-and long-term debts for private sector recorded a decrease in the first month of 2021.

    The private sector's short-term abroad loans stood at USD9.8 billion in January dropped USD49 million in comparisons to the loans of 2020.

    The bank further reported that about 83.6 percent of short-term loans expressed by the debts of financial institutions.

    About 33.6 percent was in Euros of Turkey's short-term credit, 40.6% was in USD dollars, while 23.6 percent in Turkish liras, and 2.2 percent in other currencies.

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