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The rebalancing in the economy and the increase in the ability of the real sector to regulate cash flows promise to make the functioning of the financial system more effective in the coming period
A trend of dropping rates of interest that came together with the rebalancing when you look at the Turkish economy in 2019 has assisted funding conditions for the real sector improve – a predicament that is thought to have formed a foundation that may fortify the solvency of this organizations and bring along an increase in loan amount and a fall in non-performing loan ratio in 2020.
Throughout an economically and economically turbulent period that kicked off into the last half of 2018 and stretched to the first 50 % of 2019, the Turkish economy ended up being battered by money volatility, high inflation and high interest levels, leading to tumbling domestic need from customers and investors.
Nonetheless, the economy began rebalancing and entered a promising age of growth in the 3rd quarter of this past year, that has been favorably mirrored within the ratios associated with genuine sector as well as the economic sector. Read More…