• TR
  • HOME
  • CONTACT
  • E-ALERT
  • Analyses
  • Visual Library

Financial Stability 15/12/2017

Borrowing Dynamics of the Corporate Sector: TL Borrowing or FX Borrowing?

Ahmet Deryol

The borrowing preferences of the corporate sector are important in terms of financial stability. It is obvious that the FX loan utilization by firms with no FX income is very risky. FX loan costs, which are supposed to be low, may significantly exceed the TL loan costs depending on exchange rate developments.

Financial Markets 21/03/2018

Use of Derivatives by the Corporate Sector and Its Costs

Ahmet Deryol

Derivatives are not new to Turkish firms. They are already actively using derivative transactions, primarily swap, forwards and options. Moreover, the cost of forwards that are used by the corporate sector in managing the exchange rate risk is akin to banks’ costs.

Financial Markets 01/12/2016

The Turkish Banking System’s FX Liquidity Shield Is Strong

Ahmet Deryol,Figen Özcan

Past experiences show that banks are able to roll over more than half of their external debt even in the most unfavorable economic and financial conditions.

Financial Markets 19/09/2017

Exchange Rate Developments and Capital Adequacy Ratio

Ahmet Deryol,Yusuf Yıldırım

We should keep in mind that the capital adequacy ratio, which moves downward due to exchange rate developments in the short term, can rebound owing to the rise in profitability in longer terms.

Financial Stability 16/12/2016

Financing Companies as a Source of Household Funding

Samet Kütük,Gökhan Koyuncu,Ahmet Deryol

Recently, the share of financing companies in household liabilities has increased owing to the moderate growth in bank loans and the opening of new financing companies.

Follow @tcmbblog

RECENT POSTS

  • Liraization Strategy
  • Organized Industrial Zones and Economic Performance
  • Cyclically Adjusted Current Account Balance
  • An Assessment of Revisions in Debt Statistics
  • Cash Usage Habits in Türkiye

MOST VIEWED

  • An Overview of Turkish Lira-Settled Forward Foreign Exchange Auctions
  • Exchange Rate Pass-Through: Is There a Magical Coefficient?
  • Increasing Protectionism and Global Trends in World Trade
  • Impact of Agricultural Banking on Agricultural Productivity
  • On Turkey’s Total Debt

EDITOR'S CHOICE

  • Liraization Strategy
  • Welcome to the CBRT Blog

TOPICS

  • Balance of Payments
  • Financial Markets
  • Financial Stability
  • Fiscal Policy
  • Growth
  • Inflation
  • International Trade
  • Monetary Policy
  • Unemployment-Employment

About The CBRT Blog

The CBRT Blog provides analysis and commentary from researchers and economists working at the Central Bank of the Republic of Türkiye. It features articles on macroeconomy and central banking, as well as texts prepared using the Bank’s official communication tools as a source.

The views expressed here are those of the authors. They do not necessarily reflect the official views of the Central Bank of the Republic of Türkiye.

Follow The CBRT

  • HOME
  • CONTACT
  • MEMBERSHIP
  • HOME
  • CONTACT
  • MEMBERSHIP
  • Analyses
  • Visual Library
  • TR