Banking and insurance in Iran

The Turkish private sector's total outstanding loans received from abroad declined by $394 million from the end of 2023 to stand at $163.4 billion as of February, the data from the Central Bank have shown.

The Turkish private sector's total outstanding loans received from abroad stood at $158 billion as of March, decreasing by $1.2 billion from the end of 2022.

The private sector's total outstanding loans received from abroad declined by $7 billion from the end of 2021 to stand at $162 billion as of July, the Central Bank data have shown.

Long-term loans fell by $7.1 billion over the same period to decline to $154.5 billion, whereas the private companies' short-term loans -excluding trade credits - rose by $85mn to $7.6 billion.

Private sector's total outstanding loans received from abroad declined by $7.6 billion from end-2021 to $161.4 billion as of June, the Central Bank has said.

Turkey's short-term external debt stock was at $125.6 billion at the end of December 2021, indicating an increase of 10.2 percent compared to the end of 2020, the country's Central Bank said.

Banks' short-term external debt stock decreased by 9.7 percent to $51.8 billion and other sectors' short-term external debt stock increased by 35.1 percent to $47.8 billion.

Turkey's short-term external debt stock amounted to $132.8 billion as of the end of October, official data showed on Dec. 17.

The country's external debt stock - maturing within one year or less - rose by 7.8 percent in October versus the end of 2019, according to the Turkish Central Bank.

Non-financial companies' foreign exchange assets increased by $6.2 billion while their liabilities rose by $732 million in March compared to February, data from the Central Bank of Turkey showed on June 10.

The World Bank has approved two separate loans for Turkey worth $1 billion in total to back a gas storage expansion project and various projects that promote labor market participation for women. 

A Chinese state-owned investment firm has provided a $10 billion credit line for Iranian banks, Iran's central bank president said on Sept. 16.

The contract was signed in Beijing between China's CITIC investment group and a delegation of Iranian banks led by central bank president Valiollah Seif.

Iran has secured an eight-billion euro credit line from South Korea's Eximbank, the Islamic republic's biggest loan deal since its 2015 nuclear accord, the Iranian central bank announced on Aug. 24.