Turkish Banking Sector is Still Resilient

Recently one of the world renowned leading credit rating institutions has stated that Turkish banking industry has the necessary liquidity capacity to pay back the short term debts. According to the report issued by the credit rating institution the quality of the credit portfolios currently hold by the Turkish banks will provide enough resilience with regard to the market pressures if they arise. The assessment boils down to the point that Turkish banking industry has resilience vis-à-vis moderate volatilities.

The General Perception

Such an outlook might be surprising for many commentators who had already given their verdicts in advance that the year 2014 will be a crunchy period for the Turkish banking industry. Some had even furthered the concerns to a level of an unmitigated disaster. There are some indicators that mistakenly fuel such concerns. It is well know that Turkey has to strike a delicate balance between its exports and its imports. In order to do so