EFFECTS OF THE GLOBAL ECONOMIC CRISIS ON TURKISH BANKING SECTOR

Osman Nuri ARAS

Article Details

EFFECTS OF THE GLOBAL ECONOMIC CRISIS ON TURKISH BANKING SECTOR

Authors:

Osman Nuri ARAS

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Economics and Finance Studies 2010 Vol.2 Issue 1, pp.113-120

Document Type:

Article

Publication Date:

5/2010

Document Language:

Turkish

Document ID (Org No.):

2000811330

Frequency:

Bi-Annual

eISSN:

1309-8055

Abstract:

 

The global economic crisis began in 2008 has had major negative effects the economies of all
 countries in the world. Turkey is also one of the very seriously affected countries by the crisis.
 However, effects of the global crisis on Turkish Banking Sector remained relatively limited
 compared to its peers in developed and other developing countries.
 Turkish Banking Sector has been less affected by the global crisis because of after November-2000
 and February-2001 crises, gaining the banking sector stronger capital structure and stronger
 equity capital structure as a result of taken structural measures and improvements; effective
 supervision and regulation of the Banking Regulation and Supervision Agency; the absence of a
 functioning mortgage sector such as America; several structural and fundamental features of the
 sector itself; the macroeconomic policies of the Central Bank of Turkey; and some additional
 measures taken by banks in the process of the global economic crisis.

Article Details

EFFECTS OF THE GLOBAL ECONOMIC CRISIS ON TURKISH BANKING SECTOR

Authors: Osman Nuri ARAS

Publisher: Sosyal Bilimler Araştırmaları Derneği

Journal: International Journal of Economics and Finance Studies 2010 Vol.2 Issue 1, pp.113-120

Document Type: Article

Publication Date: 5/2010

Document Language: Turkish

Document ID (Org No.): 2000811330

Frequency: Bi-Annual

eISSN: 1309-8055

Issues

Authors:

Osman Nuri ARAS

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Economics and Finance Studies 2010 Vol.2 Issue 1, pp.113-120

Document Type:

Article

Publication Date:

5/2010

Document Language:

Turkish

Document ID (Org No.):

2000811330

Frequency:

Bi-Annual

eISSN:

1309-8055