Turkey: Financial Sector Assessment Program : Financial System Stability Assessment

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

February 3, 2017

Electronic Access:

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Summary:

The fundamental stability challenges confronting the Turkish financial system are to reduce dependence on external and foreign currency financing and to increase the maturity and diversity of funding instruments on which banks and firms depend. The long-standing shortfall of national savings to finance domestic investment, persistent elevated inflation, and bouts of exchange rate volatility have boosted reliance on foreign currency financing from international capital markets and have also incentivized households and firms to place their own savings in short-term deposits, as well as in foreign currency.

Series:

Country Report No. 17/35

Subject:

English

Publication Date:

February 3, 2017

ISBN/ISSN:

9781475574401/1934-7685

Stock No:

1TUREA2017003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

109

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