期刊名称：South-Eastern Europe Journal of Economics (SEEJE)
印刷版ISSN：1109-8597
电子版ISSN：1792-3115
出版年度：2016
卷号：14
期号：1
页码：75-92
出版社：Association of Economic Universities of South and Eastern Europe and the Black Sea Region
摘要：Developed countries implemented a loose economic policy after the global crisis,which encouraged huge capital inflows into the emerging markets. After theglobal crisis, the Turkish banking system took advantage of such foreign capitalinflows and experienced significant credit growth. This paper focuses on noncoreliabilities, which are the sources of the credit growth in the Turkish bankingsystem. It seems that the Turkish banking system has depended more on noncoreliabilities since the beginning of 2011. Most of the non-core liabilities ofthe Turkish banking system are largely foreign exchange denominated and theaverageterm structure of foreign exchange liabilities is relatively medium-term.Foreign exchange non-core liabilities of the Turkish banking system have beenmore sensitive to international liquidity shocks. Non-core liability growth andits medium-term foreign exchange structure are a warning signal for the Turkishbanking system
