LOAN ANALYSIS OF TURKISH BANKING SECTOR AFTER THE CRISES PERIOD (PERIOD OF 2002–2011)

Global capital flows accelerated and turkish economy was exposed crisis in the period of 2000-2001. since the stability programs could not be maintained due to various reasons, problems in the economy increased. the weak growth performance, high public sector imbalances, unsustainable domestic borrowing as well as the macro economic instability due to high inflation, raised concerns on financing the current account deficit. structural problems in banking sector simply deepened the november 2000 and february 2001 crises and accordingly it turned to a systemic banking crisis. developing policies considering interaction between the real sector and banking sector played a significant role in the success of the program. as the current situation of turkish economy and measurements taken by turkish central bank are considered, the analysis of banking sector loans become important in forecasting the near future expectations in the light of macroeconomic inputs and central bank’s monetary policies.in this article, banking sector loans including 2002-2011 period are analyzed in detail, and is determined that how the loans affect economic growth and current account deficit, consequently it is seen that there is a positive relationship between economic growth and loan increase rate. furthermore, the effects of measurements on the development of loans and the effects on economic growth are evaluated. banking sector credits are analyzed by categories, sectors and cities; before the analysis of banking sector loans, information about macroeconomic situation is given.furthermore, as a result of excessive capital flow against overheating of economies and the possibility of increasing of the current account deficit to a threatening level, the central bank’s new monetary policy by decreasing key interest rates to restrict rises in foreign exchange rates and by increasing macroprudential tools to keep the growth of loans at 20-25 percent, and new monetary policy are argued in this article.in this article, important technical data and information is used in order to state the relationship among macroeconomic data. the data set are composed of cash and non-cash loans, non-performing loans, sectoral distribution of loans, gdp, exports/imports, balance of payments and forecasts about the macroeconomic data including the period of 2002-2011.