Turkish private sector foreign debt falls in November
The bank's data showed that some 71.5 percent of all short-term loans consisted of liabilities of financial institutions.
Some 49.6 percent of short-term credits were in U.S. dollars, while the rest were in euros (29.6 percent), Turkish liras (20.3 percent) and other currencies (0.5 percent).
On the long-term side, the private sector's overseas loans amounted to $193.5 billion as of the last November, down $15.9 billion versus to the end-2018.
Non-financial institution liabilities constituted 54.5 percent of long-term external loans, the bank noted.
The U.S. dollar dominated long-term loans with 60.9 percent, while the euro and Turkish lira followed it with 33.7 percent and 3.8 percent, respectively.
On a basis of remaining maturity at November-end, the private sector's total outstanding loans received from abroad amounted to $51.8 billion in principal repayments over the next 12 months, the bank added.