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Price cuts to improve solvency of genuine sector, increase loan amount in 2020

Price cuts to improve solvency of genuine sector, increase loan amount in 2020

The rebalancing in the economy and the increase in the ability of the real sector to regulate cash flows promise to make the functioning of the financial system more effective in the coming period

A trend of dropping interest levels that came combined with the rebalancing into the Turkish economy in 2019 has aided funding conditions for the real sector improve – a predicament that is believed to have created a basis that may strengthen the solvency for the businesses and bring a rise along in loan amount and a drop in non-performing loan ratio in 2020.

Throughout a financially and period that is economically turbulent kicked off into the last half of 2018 and stretched to the very very first 50 % of 2019, the Turkish economy ended up being battered by money volatility, high inflation and high interest levels, leading to tumbling domestic demand from customers and investors.

Nonetheless, the economy began rebalancing and joined a promising age of development in the next quarter of just last year, that has been positively mirrored in the ratios for the genuine sector plus the sector that is financial.