Local firms’ loans up to $143 billion

ANKARA

Turkey’s private sector’s long-term loans from abroad reached $143.2 billion as of June, increasing by $4.1 billion in comparison to the end of 2012, the Central Bank announced yesterday.

From the borrower’s side, banks’ loan and bond liabilities both increased by $1.7 billion and $3.6 billion respectively, in comparison to the end of 2012.

In the same period, non-bank financial institutions’ loans decreased by $306 million; although bond liabilities amounted to $1.5 billion.

Non-financial institutions’ loans recorded a decrease of $3.2 billion.

The private sector’s short-term loans received from abroad (excluding trade credits) reached $37.3 billion, increasing by $5.9 billion in comparison to the end of 2012.