Report
Cagdas Dogan
EUR 228.92 For Business Accounts Only

BANKING SECTOR REPORT: A re-examination of the Credit Guarantee Fund

There has been three phases of the CGF and the outstanding guarantee amount as of end-April 2018 reached TL220bn, leading to a total loan volume of TL247bn, accounting for 14% of the banking sector’s non-retail loans and 11% of its total loans.

Almost 70% of the loans were extended to SMEs while 15% went to exporters and another 15% to larger corporates. When we look at the sectoral breakdown, manufacturing and wholesale & retail trade sectors, where SMEs are most active, got disproportionately higher share from the CGF loans.
Provider
BGC Partners
BGC Partners

BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.

We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:

  • Mergers & Acquisitions
  • Equity Capital Markets
  • Debt Finance & Advisory

Analysts
Cagdas Dogan

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