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Dynamics of non-performing loans in the Turkish banking sector by an ownership breakdown: The impact of the global crisis

Vuslat Us (vuslat.us@tcmb.gov.tr)

Finance Research Letters, 2017, vol. 20, issue C, 109-117

Abstract: This paper explores the impact of the global crisis on the dynamics of non-performing loans in the Turkish banking sector by ownership. Estimation results suggest that the crisis affected these dynamics differently across banks, which implies that policy implications are uneven. This has important consequences regarding the effectiveness of monetary and the macroprudential policy, which prompt policymakers to consider ownership in policy design. To enhance policy effectiveness, adding ownership-specific explanatory variables may enable better representation of the non-performing loan dynamics. A vintage loan analysis may also help by allowing policymakers to directly identify the loan type, which generates non-performing loans.

Keywords: Global crisis; Non-performing loans; Turkish banking sector; Ownership; Macroprudential policy (search for similar items in EconPapers)
JEL-codes: C23 E44 E52 G10 G21 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:20:y:2017:i:c:p:109-117

DOI: 10.1016/j.frl.2016.09.016

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