The developments in the credit debt of the private sector from abroad for the period of July 2023 were published by the Central Bank of the Republic of Turkey (CBRT).
Accordingly, in July, the total loan debt of the private sector from abroad decreased by 2.6 billion dollars compared to the end of 2022, decreasing to 155.2 billion dollars.
During this period, the long-term loan debt of the private sector from abroad decreased by 3.4 billion dollars to 146.3 billion dollars, while the short-term loan debt (excluding commercial loans) increased by 828 million dollars to 9 billion dollars.
PRINCIPAL REPAYMENT IN ONE YEAR IS 43.4 BILLION DOLLARS
58.7 percent of the long-term loan debt was in dollars, 36.5 percent in euros, 2 percent in Turkish Lira and 2.8 percent in other foreign currencies.
39.2 percent of the short-term loan debt was in dollars, 36.8 percent in euros, 17.5 percent in Turkish Lira and 6.5 percent in other foreign currencies.
On the other hand, 34.9 percent of the total long-term loan debt was held by financial institutions and 65.1 percent by non-financial institutions.
75.5 percent of the total short-term loan debt consisted of debts of financial institutions and 24.5 percent of non-financial institutions.
When the total loan debt of the private sector from abroad was analyzed according to the remaining maturity as of the end of July, it was calculated that the total principal repayments to be made within 1 year was at the level of 43.4 billion dollars.