The Turkish personal sector’s international debt totaled $158 billion as of February, down $1.4 billion from the top of 2022, the Central Bank of the Republic of Türkiye (CBRT) mentioned Thursday.
Long-term loans amounted to $149.3 billion, down $1.7 billion, whereas short-term loans — excluding commerce credits-were $8.7 billion, up $271 million, over the identical interval.
Financial establishments’ share of long-term loans was at 34.5%, whereas non-financial establishments’ share was at 65.5%; these figures have been 73.9% and 26.1%, respectively, for short-term loans.
Some 61.3% of long-term loans have been within the U.S. greenback, adopted by the euro (34.7%), Turkish lira (1.9%), and different currencies (2.1%).
On the short-term aspect, the greenback’s share was at 33.6%, the euro’s at 37.8%, and the Turkish lira’s at 23.3%, and different currencies at 5.3%.
As of February, the excellent principal repayments due inside one 12 months quantity to $40.7 billion.
Source: www.dailysabah.com
