Non-performing loans reached 10.3 TRY bil in 2007 in Turkey, according to the National Central Bank. This is 21 % more than in the previous year.
Historically, non-performing loans in Turkey reached an all time high of 64.0 TRY bil in 2017 and an all time low of 7.81 TRY bil in 2005. When compared to Turkey's main peers, non-performing loans in Bulgaria amounted to 0.722 BGN bil and 8.25 EUR bil in Greece in 2007.
Turkey has been ranked 30th within the group of 61 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.