Faculty of Administrative Sciences and Economics, Ishik University, Erbil, Iraq
Abstract: Financial structure of the banking sector in Turkey has maintained its importance due to the high share in the financial sector for many years. The potential of banking sector that can have a huge a positive or negative impact on the economy makes it one of the most element of stability and growth of an economy. This study briefly compares the periods prior to 2002 and different periods after 2002. It is seen that banking sectors showed improvements during 2002 and 2007 due to the political stability, right financial policies, and right banking regulations. Since these positive effects on economy continued on the next period till 2011, banking sector could achieve targets. The effects of global financial crisis that started in 2008 were limited in Turkey and financial sector played an important role to overcome the negative effects of global financial crisis. However the banking sector could not outperform in terms of US dollar after 2011.
Keywords: Turkish Banking Sector, Turkish Economy
Download the PDF Document from here.
Afshar, M. (2011). Global financial crisis and reflection on the Turkish banking sector. Eskişehir Osmangazi University Faculty of Economics Journal, 6 (2), 143-171.
BAT. (2008). Economy and Banking System in Turkey in the year 2008.
Binay, S., & Kunter, K. (1998). Role of the Central Bank 1980-1997 financial liberalization. Central Bank of the Republic of Turkey General Directorate of Research, Discussion Paper of 9803.
BRSA / Strategy Development Department. (2002). Banking Sector improve our new program from the Configuration Report (v).
BRSA / Strategy Development Department. (2009). Stability-Turkey Experience from the crisis. Working Paper (Revised Second Edition).
BRSA. (2001). Banking Sector Assessment Report. Economic Evaluation Department.
BRSA. (2003). Banking Sector Restructuring Program Progress Report, (vii).
CBT. (2015). Financial stabilization-Financial Stability Developments in Turkey.
Erdönmez, P. A. (2003). Restructuring the Corporate Sector in Turkey in 2001 after the financial crisis. Bankers Journal, (47), 38-55.
Kilic, C. (2012). Turkey Sectoral Changes Occurring in Construction of Financial Liberalization Process. Caucasus University, Journal of Economics and Administrative Sciences, 3 (5), 107-148.
The Banks Association of Turkey. (2008). 50. Banks Association of Turkey and Banking System in Turkey in the year “1958-2007.”
Turkey Union of Banks, Banking and Research Group. (2003). Bankers Magazine, 47.
International Journal of Social Sciences & Educational Studies
ISSN 2520-0968 (Online), ISSN 2409-1294 (Print), September 2018, Vol.5, No.1