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In Search of a Reasonable Credit Growth Rate for Turkey

Hakan Kara, Hande Kucuk (), S. Tolga Tiryaki () and Canan Yuksel ()

Central Bank Review, 2014, vol. 14, issue 1, 1-14

Abstract: We present a cross country analysis of credit growth and draw implications for Turkey. Similar credit deepening phases in many countries suggest a stable ratio of net credit use (change in credit stock) with respect to national income. To this end, we calculate an interval for this ratio in a sample of selected countries and assess the implications of this interval for Turkey’s medium to long term credit stock projections.

Keywords: Credit growth; Net credit use; Financial stability (search for similar items in EconPapers)
JEL-codes: E51 E58 G20 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Working Paper: In Search of a Reasonable Credit Growth Rate for Turkey (2013) Downloads
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