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FinancialNews
20-05-21
Turkey: Banks’ short-term external debt stock drops 0.3 percent
(MENAFN)The country’s central bank reported that Turkey's short-term external debt stock stood at USD140.8 billion in March.
Data further showed that t that must be paid in the next 12 months increased 1.7 percent in March, in comparison to the end of 2020.
Banks’ short-term external debt stock dropped 0.3 percent to USD57.8 billion and other sectors' short-term external debt stock increased 2 percent to USD60.3 billion in the same time span.
The rest of the total amount, USD22.7 billion, went to the central bank.
It further declared that "Short-term FX loans of the banks received from abroad dropped by 6.7 percent to USD8.3 billion."
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