6/13/2018
Private Sector’s Credit Debt Secured From Abroad is USD 245.2 Billion As of End-April
As of end-April, Private Sector’s long term credit debt increased USD 3.6 billion to reach USD 225.1 billion, short term debts increased USD 1.8 billion to reach USD 20.1 billion
It is seen that Private Sector’s credit debt, secured from abroad concluded as share sale of foreign capital because of the financial crisis, still continue and as of end-April total foreign credit debt has been USD 245.2 billion. 2018 End-April, Private Sector’s long term credit debt secured from abroad increased USD 3.6 billion to reach USD 225.1 billion compared to end-2017, short term credit debt (commercial credits excluded) increased USD 1.8 billion to reach USD 20.1 billion. Debtor based distribution In terms of debtor based distribution of long term credit debts, borrowings of banks of credit nature increased USD 535 million, borrowings of bond export nature increased USD 803 million to reach USD 31.1 billion compared to end of last year. In the same period, non-banking financial agencies’ borrowings of credit nature increased USD 141 million, bond stock decreased USD 793 million to recede to USD 3.6 billion. Non-financial agencies’ borrowings of credit nature increased USD 2.8 billion, bond stock increased USD 537 million to reach USD 7.5 billion. In terms of debtor based distribution of short term debts, borrowings of banks of credit nature increased USD 215 million to reach USD 12.5 billion, non-financial agencies’ borrowings of credit nature increased USD 1.4 billion to reach USD 4.6 billion compared to end-2017. Creditor based distribution In terms of Private Sector’s creditor based long term credit debts as of end-April, debt to private creditors (bond excluded) increased USD 2.6 billion to reach USD 156.1 billion compared to end-2017. In terms of short term credit debts to private creditors (bond excluded) increased USD 1.9 billion to reach USD 19.5 billion compared to previous year. Sectorial distribution In terms of sectorial distribution of debts, as of end-April, total 50.7% of total long term credit debt, which is USD 225.1 billion, is to financial agencies, 49.3% of non-financial agencies. In the same period, 76% of total short term credit debt, which is USD 20.1 billion is of financial agencies, 24% is of non-financial agencies. As for foreign currency composition, 59% of long term credit debt is USD denominated, 34.6% is of euro, 4.7% is of TL 1.7% is of other currencies. Of the short term credit debt, 45.2% is USD denominated, 31% is of euro, 23.7% is of TL and 0.1% is of other currencies.
Annual Report