Published on Monday, May 8, 2017
Turkey | Monthly Banking Monitor. April 2017
Summary
Thanks to public guarantees by the Credit Guarantee Fund, total credit growth of the Turkish banking sector surpassed Central Bank’s comfort target threshold of 15% reaching 15.9% YoY. Deposit interest rates increased further by 50 bps in April as a by-product of this increased momentum in especially commercial credits.
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- Türkiye
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- Macroeconomic Analysis
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- Banking
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Authors
AB
Ali Batuhan Barlas
BBVA Research - Principal Economist
DE
Deniz Ergun
BBVA Research - Senior Economist
AK
Asuman Kemiksiz
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