Foreign financing debts of the Turkish private sector rose by $11.2 billion

Foreign financing debts of the Turkish private sector rose by $11.2 billion between December of 2011 and 2012, according to data released by the Central Bank of Turkey on Tuesday reports Today's Zaman.The increase adds to existing debt and brings the total amount of foreign...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

Foreign financing debts of the Turkish private sector rose by $11.2 billion



Balkans.com Business News Correspondent - 20.02.2013

Foreign financing debts of the Turkish private sector rose by $11.2 billion between December of 2011 and 2012, according to data released by the Central Bank of Turkey on Tuesday reports Today's Zaman.

The increase adds to existing debt and brings the total amount of foreign debt owed by Turkish businesses to $137.6 billion at the end of 2012. When evaluating the numbers against the data of the previous year, the loans of non-banking financial intuitions increased by almost $1 billion while the loans of non-financing institutions rose by $3.2 billion.

Misi Vallo
WebHostingBuzz.com

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