Rising private sector debt surges to an impressive $199.3 billion
In July 2025, the private sector external credit debt of Türkiye reached a new high, marking the highest level since September 2019. The total outstanding loans from abroad increased by $2.5 billion compared to the previous month-end, according to the latest data from yahoo finance.
The private sector's debt composition reveals an interesting trend. Financial institutions' total debt surged by $3.2 billion, while non-financial institutions saw a modest decline of $0.7 billion. The breakdown of long-term debt shows that 58.2% is in dollars, 32.2% in euros, 2% in Turkish Liras, and 7.6% in other currencies. Long-term debts for financial institutions increased by $2.9 billion, but dropped by $0.8 billion for non-financial institutions.
The growth in long-term credit debt was significant, with a rise of $2.1 billion to $188.6 billion. Short-term credit debt (excluding trade credits) also rose, increasing by $0.4 billion to $10.8 billion.
For short-term debt, dollars account for 30.7%, euros for 20.5%, Turkish lira for 47.2%, and other currencies for 1.6%. In contrast, the one-year maturity debt stands at $55.4 billion, with $38.7 billion owed by banks, $15.8 billion by non-financial institutions, and $4.9 billion by non-bank financial entities.
However, it's important to note that there are no specific publicly available data sources from yahoo finance indicating which Turkish banks held the highest volume of foreign bonds (Auslandsanleihen) in July 2025. The search results provide general information about Turkey's economic and financial conditions in 2025 but do not detail foreign bond holdings by individual Turkish banks.
Despite this gap in information, the trends in debt growth and composition provide valuable insights into the financial health of the Turkish private sector. The rise in debt, particularly long-term debt, could signal increased investment and economic activity, but it also highlights the importance of careful debt management to maintain financial stability.
