IMF Staff Country Reports

Turkey: Financial System Stability Assessment

Publication Date:

November 9, 2007

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Financial System Stability Assessment on Turkey discusses macroeconomic development and trend in the financial system. The financial system does not appear to face major immediate threats, but vulnerabilities remain. Turkey remains dependent on capital inflows and thus on international investor sentiment. Large holdings of public sector debt by banks makes their solvency, profitability, and liquidity highly sensitive to adverse market revaluation of these securities in the event of external shocks or/and internal political uncertainties.

Series:

Country Report No. 2007/361

Subject:

Bank deposits Banking Credit Financial institutions Foreign exchange Loans Money

Frequency:

Monthly