Turkey: Financial System Stability Assessment

IMF Staff Country Reports, September 7, 2012

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Turkey: Financial System Stability Assessment

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Bibliographic details

• Published: September 7, 2012
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781475510300.002

Summary findings

• The assessment highlights a credit boom in the middle of 2011.
• Turkey faced the global crisis successfully because of earlier significant capital buffers.
• Overall, the country was described as healthy financially, but there was a slowdown in loan growth and market vulnerabilities.
• The report characterizes the resulting episode as an "insignificant shudder" that prompted the regime to strengthen the fiscal sector and insurance framework.
• Despite new macrofinancial risks in domestic and international developments, the Executive Board still considers Turkey "a balanced power."

Subjects and keywords

• Subject: Banking, Credit, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Foreign exchange, Loans, Market risk, Money, Stress testing
• Keywords: A. bank resolution framework, bank asset, bank lending, bank regulation, banking law, banking sector, boom and bust, CR, Credit, credit risk, disposable income, financial system, Global, interest rate, intervened bank, ISCR, Loans, Market risk, risk profile, Stress testing

Noted policy response

• Strengthening of the fiscal sector.
• Strengthening of the insurance framework.

Source: Turkey: Financial System Stability Assessment (IMF Staff Country Reports), September 7, 2012.

Content in this bundle

• Turkey: Financial System Stability Assessment; IMF Country Report 12/261; November 15, 2011
  • Turkey: Financial System Stability Assessment; IMF Country Report 12/261; November 15, 2011 (Markdown version)
  • Turkey: Financial System Stability Assessment; IMF Country Report 12/261; November 15, 2011 (PDF)