[ad_1]
"TL depreciation, rising interest rates and slowing economic growth continue to create significant risks to bank performance, asset quality and capitalization, financing and liquidity ". After Turkey's credit downgrade, Fitch had lowered banks' credit rating in Turkey on July 20th. Some banks have a "negative" view of the rating. On the first trading day of the week, the USD / TL opened at 4.86, followed by strong tensions until noon.
BRSA REPORT
The Banking Regulation and Supervision Agency (BRSA) published a report entitled "Key Non-Consolidated Indicators of the Turkish Banking Sector" for the month of June, following a warning by Fitch for Turkish banks. According to the report, the size of the assets of the Turkish banking sector in June was realized at TL 3 trillion 671 billion TL 537 with an increase of 12.7 percent over the end of the year. In this period, the largest active asset, loans 2 billion 353 billion 170 million pounds, securities 431 billion 613 million pounds. At the end of last year, loans and securities increased by 12.1% and 7.5% respectively. The following loan ratio, which was 2.95% in December 2017, was 3.02% in June
Source link
