Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
09-01-20
Drop of USD23 billion on Turkish Treasury's cash balance
(MENAFN) According to official data, the Turkish Treasury's cash balance posted a drop of about USD23 billion in 2019.
Last year, the Treasury's cash profits amounted to USD 157.9 billion, an increase of 16 percent from 2018; including interest payments of USD17.3 billion, expenditures increased 21 percent yearly to reach USD181.3 billion in 2019.
Non-interest expenditures totaled almost USD164.5 billion, marking a USD6.6 billion gap in the key balance.
In 2019, the average U.S. dollar/Turkish lira exchange rate this year was around 5.68 as 1 dollar was traded for 4.82 Turkish liras on average in 2018; in 2018, the Treasury posted a decrease of almost USD14.6 billion in cash balance.
MENAFN0901202000450000ID1099528196
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us