Foreign debt in Turkish private sector ups
Azerbaijan, Baku, Dec.18 / Trend, A.Taghiyeva /
Foreign debt in the private sector in Turkey in October 2012 increased by $2.1 billion compared to the previous month amounting to $130.9 billion, the Central Bank of Turkey said in its report published on its official website on Tuesday.
In the period from January to October 2012, the debt of Turkey's private sector increased by $4.4 billion.
According to the report, external borrowing of banks and non-bank financial organisations decreased by 2.5 per cent.
Debts of the private sector to non-financial institutions decreased by $367 million during the year and amounted to $23.6 billion.
Some 59.9 per cent of total foreign debt of Turkey's private sector is attracted in dollars, 35.1 per cent in euro and 5.4 per cent in foreign currency.
Some 58.5 per cent of the foreign debt was in the service sector, 33 per cent in production and 1.2 per cent in agriculture.