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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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Ali Batuhan Barlas BBVA Research - Senior Economist
Deniz Ergun BBVA Research - Senior Economist
Asuman Kemiksiz

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April17_Turkey Monthly Banking

English - May 8, 2017

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