Turkish private sector foreign debt increases by almost 9 percent during one year period
Azerbaijan, Baku, Feb.19 /. Trend, A. Taghiyeva /
The foreign debt of Turkey's private sector increased by $11.2 billion in December 2012 compared to the same month in 2011 and amounted to $137.6 billion, the Central Bank of Turkey said in a report posted on its official website on Tuesday.
According to the report, external borrowing of banks and non-bank financial institutions increased by $1.8 billion.
Private sector debts to non-financial institutions during the year increased by $3.2 billion and amounted to $27.5 billion.
According to the report, 59.7 percent of the total foreign debt of the private sector in Turkey is counted in dollars, 34.9 percent - in euros and 5.4 percent - in other foreign currencies.
The report indicates that 61.4 percent of external borrowings were involved in the sphere of services, 39.9 per cent - production and 0.7 per cent - in the agricultural sector.