Corporate loans reached 1,571 TRY bil in 2017 in Turkey, according to the National Central Bank. This is 22.5 % more than in the previous year.
Historically, corporate loans in Turkey reached an all time high of 1,571 TRY bil in 2017 and an all time low of 1.65 TRY bil in 1995. When compared to Turkey's main peers, corporate loans in Bulgaria amounted to 31.0 BGN bil and 82.0 EUR bil in Greece in 2017.
Turkey has been ranked 23rd within the group of 91 countries we follow in terms of corporate loans, 7 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.