Corporate loans reached 393 USD bil in 2017 in Turkey, according to the National Central Bank. This is 13.7 % more than in the previous year.
Historically, corporate loans in Turkey reached an all time high of 393 USD bil in 2017 and an all time low of 24.8 USD bil in 2001. When compared to Turkey's main peers, corporate loans in Bulgaria amounted to 19.0 USD bil and 98.3 USD bil in Greece in 2017.
Turkey has been ranked 6th within the group of 75 countries we follow in terms of corporate loans, 10 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.