Ministry of Treasury and Finance: Credit Volume Provided to Businesses Reaches 1 Trillion Lira

According to the Ministry of Treasury and Finance, the total credit volume provided to businesses has reached nearly 1 trillion lira, with the manufacturing sector receiving the largest share of guarantee supports.

Ministry of Treasury and Finance: Credit Volume Provided to Businesses Reaches 1 Trillion Lira

Credit Volume Nears 1 Trillion Lira Threshold The Ministry of Treasury and Finance has released updated data regarding financing support provided to a wide range of businesses, from producers to exporters.
According to the Ministry's statement, as of February 6, the total credit volume made available to businesses has reached 995 billion 78 million 927 thousand lira.
It was noted that the total amount of credit extended under the system since 2009 has approached the 1 trillion lira threshold.
While the total guarantee amount provided for these loans reached 834 billion 182 million lira, the guarantee risk balance stood at 151 billion 730 million lira.
The amount of commercial credit used by businesses was calculated at 953 billion 438 million lira, with guarantee support for these loans totaling 800 billion 686 million lira.
Manufacturing Industry Leads in Support An analysis of the sectoral distribution of credit supports showed that the largest share was allocated to the manufacturing industry.
Specifically, 45.31% of the guarantee amount provided for commercial credits was directed toward the manufacturing sector.
During this process, 504 billion 630 million lira in guarantee support was provided to Small and Medium-Sized Enterprises (SMEs), while 121 billion 727 million lira was extended to large-scale enterprises.
Credit Types and Usage Data In the analysis based on credit types, operating loans ranked first with 715 billion 886 million lira.
Other credit types were listed as follows: Investment loans: 68 billion 143 million lira Non-cash loans: 16 billion 656 million lira A total of 1,387,900 commercial credit utilizations were carried out, supporting the real sector's access to finance.

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