Turkish private sector’s short-term external debt stock increased by 6% m/m and 17% q/q to USD 36.5bn as of end-Q1 from USD 34.6bn at end-Feb and USD 31.3bn at end-2012, the central bank (TCMB) announced on Thursday. Turkish banks’ short-term debt with maturities up to one-year rose 21% q/q to USD 31.5bn at end-Feb from USD 26.1bn as of end-2012. Turkish banks’ short-term debt was at USD 28.9bn at end-Feb.
The central bank also announced the long-term external debt stock of Turkish private sector. Accordingly, long-term debt stock of the private sector increased by 0.1% q/q to USD 138.5bn at end-Q1 from USD 138.3bn at end-2012 while Turkish banks’ long-term external debt stock rose 3.2% q/q to USD 41.7bn from USD 40.4bn.
Related Articles
Iran's Araghchi arrives in Turkey for talks on US military build-up as Ankara looks to act as mediator
Iranian Foreign Minister Abbas Araghchi arrived in Istanbul on January 30 for meetings with Turkish officials to discuss regional issues amid what he described as serious challenges posed by US ... more
TPAO and ExxonMobil sign deal for offshore exploration
The Turkish Petroleum Corp. (TPAO) has formalised a strategic partnership with Esso Exploration International, a subsidiary of ExxonMobil, marking a significant escalation in Türkiye’s ambitions ... more
Turkish LPG carrier set on fire during Russian drone attack
A Turkish LPG carrier docked at the port of Izmail, Ukraine, was hit by a Russian drone during an attack, sparking a fire on the vessel, which has now been extinguished. According to the Maritime ... more