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Price cuts to enhance solvency of real sector, increase loan volume in 2020

Price cuts to enhance solvency of real sector, increase loan volume in 2020

The rebalancing in the economy and the increase in the ability of the real sector to regulate cash flows promise to make the functioning of the financial system more effective in the coming period

A trend of falling rates of interest that came combined with the rebalancing into the Turkish economy in 2019 has aided funding conditions for the real sector improve – a predicament that is believed to have created a foundation that may fortify the solvency of this companies and bring a rise along in loan volume and a fall in non-performing loan ratio in 2020.

During an economically and period that is economically turbulent kicked off into the last half of 2018 and stretched in to the very first 50 % of 2019, the Turkish economy had been battered by money volatility, high inflation and high interest levels, leading to tumbling domestic need from consumers and investors.