Private sector's foreign loan debt reached 163.7 billion dollars

According to the data of the Central Bank of the Republic of Turkey, the private sector's credit debt from abroad decreased by $5.3 billion compared to the previous year and fell to $163.7 billion in April. When examined in terms of debt, receivables and maturity: According to maturity, long-term credit debt decreased by $5.5 billion compared to the end of 2021 and became $156.0 billion. Short-term credit debt (excluding commercial loans) increased by $218 million to $7.7 billion. According to the borrower, banks' borrowing in the form of loans decreased by $1.5 billion compared to the end of the previous year regarding long-term credit debt. Borrowing in the form of bond issues also decreased by $2 billion to $18.0 billion. During the same period, non-banking financial institutions' borrowing in the form of loans decreased by $331 million, while bond stock decreased by $5 million to $1.8 billion. During the period in question, it was observed that non-financial institutions' borrowing in the form of loans decreased by $1.5 billion, while the bond stock increased by $234 million to $10.3 billion. Regarding short-term credit debt, banks' borrowing in the form of loans increased by $379 million compared to the end of 2021 to $5.1 billion; while non-financial institutions' borrowing in the form of loans increased by $148 million to $1.0 billion. According to the creditor, regarding long-term credit debt, as of April, the debt to private creditors excluding bonds decreased by $2.8 billion compared to the end of the previous year and amounted to $104.6 billion. Regarding short-term credit debt, the debt to private creditors excluding bonds increased by $276 million compared to the end of the previous year and reached $7.4 billion. When the total loan debt of the private sector obtained from abroad was examined according to the remaining maturity as of the end of April, it was observed that the total principal repayments to be made within 1 year amounted to 45.9 billion dollars.