In September, a decrease in short-term external debt stock: 165.8 billion dollars.

Decrease in Short-Term External Debt Stock

According to the data from the Central Bank of the Republic of Turkey (CBRT), a notable decline in the short-term external debt stock was observed in September. The short-term external debt stock decreased by 2.1 percent compared to the previous quarter, reaching 165.8 billion dollars.

Debt Stock According to Short Term

Regardless of the original maturity, the total amount of debts with 1 year or less remaining until maturity has been realized as 224.8 billion dollars.

Credit and Deposit Data

The short-term loans utilized by domestic banks from abroad decreased by 10.6 percent compared to the previous quarter, remaining at 9.4 billion dollars. Additionally, the deposits of foreign-based banks in Turkey have decreased by 2.2 percent, totaling 19.5 billion dollars.

Foreign Currency Deposit Accounts and TL Deposits

Non-bank foreign residents’ foreign currency deposit accounts were determined to be 21 billion dollars, with an increase of 0.3%; while TL-denominated deposits rose by 2.5 percent to 23 billion dollars.

Impact of Other Sectors

The short-term external debt stock arising from other sectors decreased by 1.7 percent compared to the previous quarter, falling to 65.2 billion dollars.