Total foreign currency assets of the banking industry rise to $ 301.7 billion By Investing.com


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Investing.com – BIS-Local and Consolidated Banking Statistics Developments announced its September report.

BIS – Local Banking Statistics

The total foreign currency assets of the banking sector in Turkey, 0.5 percent by the end of 2019, an increase of 301.7 billion US dollars, while foreign currency receivables from non-bank sector was 193.6 billion US dollars, an increase of 6.7 percent.

The total foreign currency liabilities of the banking sector in Turkey by the end of 2019 decreased by 1.4 percent to 330.8 billion US dollars, while foreign currency liabilities to the non-bank sector was 1.3 percent to 249.2 billion US dollars.

BIS – Consolidated Banking Statistics

The total cross-border receivables owed by banks first in Turkey by the end of 2019, a decrease of 16.4 percent to 31.5 billion US dollars, a decrease of 23.9 percent and due from banks was 21.0 billion US dollars.

According to the final total foreign receivables owed by domestic banks in Turkey by the end of 2019, a decrease of 23.2 billion US dollars, 10.7 percent, 17.4 percent was due from banks decreased by 13.5 billion US dollars.

BIS-Local Banking Statistics; Payments from international banks operating in Turkey’s Bank (Bank for International Settlements, BIS) definition as specifically set for this set of statistics, in line with the scope and classification are prepared by the Central Bank.

Banks’ assets and liabilities denominated in foreign currency with residents, as well as receivables from non-residents and liabilities to non-residents; form the tables of this group of statistics. In these data shown on the basis of selected country and country groups, the separation of total and non-bank segments is also presented.

BIS-Consolidated Banking Statistics; In 3 months, the receivables from non-resident banks abroad by residents in Turkey; It aims to be classified on the basis of country, maturity and sector. While the receivables of domestic banks include the receivables of foreign branches; Foreign banks’ receivables include only those from the country where their headquarters are located.

Author: Necdet Erginsoy

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