July 19, 2022

Developments in Private Sector’s Outstanding Loans Received From Abroad – May 2022

  • In Türkiye, private sector’s total outstanding loans received from abroad recorded USD 163.6 billion as of May, decreasing by USD 5.4 billion. With regards to the maturity, long-term loans recorded USD 155.4 billion as of May, decreasing by USD 6.1 billion; whereas short-term loans (excluding trade credits) realized USD 8.2 billion, increasing by USD 724 million in comparison to the end of 2021.
  • From the borrower’s side, regarding long-term loans, banks’ loan liabilities decreased by USD 2.0 billion; whereas bond liabilities amounted to USD 17.2 billion, decreasing by USD 2.8 billion in comparison to the end of 2021. In the same period, non-bank financial institutions’ loan liabilities decreased by USD 286 million; whereas bond liabilities amounted to USD 1.8 billion, decreasing by USD 4 million. Non-financial institutions’ loan liabilities recorded a decrease of USD 902 million in comparison to the end of 2021; while bond liabilities amounted to USD 10.4 billion, increasing by USD 247 million as of May. Regarding short-term loans, banks’ loan liabilities realized as USD 5.6 billion, increasing by USD 894 million; whereas non-financial institutions’ loan liabilities realized as USD 1039 million, increasing by USD 156 million in comparison to the end of 2021.
  • From the creditor’s side, regarding long-term loans, liabilities to private creditors excluding bonds amounted to USD 104.9 billion, decreasing by USD 2.6 billion compared to the end of the previous year. Regarding short-term loans, liabilities to private creditors excluding bonds amounted to USD 7.9 billion, increasing by USD 814 million compared to the end of the previous year.
  • Regarding the currency composition, of the total long-term loans in the amount of USD 155.4 billion, 63.2 percent consists of USD, 33.4 percent consists of Euro, 1.6 percent consists of Turkish lira and 1.8 percent consists of other currencies and of the total short-term loans in the amount of USD 8.2 billion, 38.6 percent consists of USD, 41.7 percent consists of Euro, 16.4 percent consists of Turkish lira and 3.3 percent consist of other currencies.
  • As for the sectoral breakdown by the end of May, of the total long-term loans in the amount of USD 155.4 billion, 38.3 percent consists of liabilities of the financial institutions; whereas 61.7 percent consists of the liabilities of the non-financial institutions. In the same period, of the total short-term loans in the amount of USD 8.2 billion, 83.1 percent consists of liabilities of the financial institutions; whereas 16.9 percent consists of liabilities of the non-financial institutions.
  • Private sector’s total outstanding loans received from abroad based on a remaining maturity basis; point out to principal repayments in the amount of USD 45.8 billion for the next 12 months by the end of May.

Source: Central Bank of the Republic of Türkiye
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