Fx denominated loans as a share of bank loans reached 31.3% in 2023 in Turkey, according to the National Central Bank. This is 3.73% less than in the previous year.
Historically, FX denominated loans as a share of bank loans in Turkey reached an all time high of 41.7% in 2021 and an all time low of 23.0% in 2007.
Turkey has been ranked 24th within the group of 85 countries we follow in terms of FX denominated loans as a share of bank loans.
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