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    Home > Chemicals Industry > International Chemical > Turkey's debt stock in the power generation and distribution sector is about $47 billion

    Turkey's debt stock in the power generation and distribution sector is about $47 billion

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    The Turkish Banking Association (TBB) said in a statement that the current debt stock of Turkey's power generation and distribution sector is about $47 billion, while the loan portfolio that needs to be restructured is about $12 billion to $13 billion
    .

    The statement further highlighted that approximately $10 billion in debt restructuring
    is expected to be completed in 2019.

    TBB said in its statement that the classification and provision calculations for these loans were based on
    international financial models and audits.
    Provision ratios between banks may differ
    due to different expectations for credit collateral and power plant cash flow forecasts.

    TBB said that overall, loans in Turkey's power generation and distribution sector are reasonable and manageable, and the overall non-performing loan ratio will remain at 0.
    22%.

    The Turkish Banking Association (TBB) said in a statement that the current debt stock of Turkey's power generation and distribution sector is about $47 billion, while the loan portfolio that needs to be restructured is about $12 billion to $13 billion
    .

    generate electricity

    The statement further highlighted that approximately $10 billion in debt restructuring
    is expected to be completed in 2019.

    TBB said in its statement that the classification and provision calculations for these loans were based on
    international financial models and audits.
    Provision ratios between banks may differ
    due to different expectations for credit collateral and power plant cash flow forecasts.

    TBB said that overall, loans in Turkey's power generation and distribution sector are reasonable and manageable, and the overall non-performing loan ratio will remain at 0.
    22%.

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