Britain tops lenders for Turkey's private sector

GMT 04:42 2014 Sunday ,09 November

Arab Today, arab today Britain tops lenders for Turkey's private sector

the Central Bank of Turkey
Ankara - KUNA

Britain is leading countries offering long-term loans to private sector in Turkey, totalling USD 21.6 billion up until August this year, the Central Bank of Turkey said Saturday.
Germany came second with USD 17.8 billion, the US followed with USD 17 billion and then Malta with USD 3.1 billion, the bank added in a statement.
The bank said European countries' loans to the Turkish private sector amounted to USD 95.2 billion up until August, while Asian countries' loans totalled USD 23.4 billion, the Americas USD 19.2 billion and the African countries followed with USD 103 million.
The bank noted that part of the loans were offered by government and international institutions, the European investment bank, the European bank for reconstruction and development, the Islamic Development Bank, the internatoinal bank for construction and private sector bodies.

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