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Turkey's state-run Anadolu News Agency quoted Finance Minister Mohammed Himsheik as saying that since September 18, the direct risk exposure of banks to funds in the liquidation stage is 1.3 billion liras. At the parliamentary budget debate session, Khimsheik said that dollarization is a topic he and policy makers are focusing on. The minister said that from August 28 to October 26, the total outflow of all funds was about 899 billion liras; deposits increased by 938 billion lire during the same period. Among them, lira savings and corporate deposits increased by 655 billion liras, and foreign currency savings and corporate deposits increased by 283 billion lire. Himsheik said that the share of lira deposits in total deposits remained at 62%, and there was no problem.
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Turkey's state-run Anadolu News Agency quoted Finance Minister Mohammed Himsheik as saying that since September 18, the direct risk exposure of banks to funds in the liquidation stage is 1.3 billion liras. At the parliamentary budget debate session, Khimsheik said that dollarization is a topic he and policy makers are focusing on. The minister said that from August 28 to October 26, the total outflow of all funds was about 899 billion liras; deposits increased by 938 billion lire during the same period. Among them, lira savings and corporate deposits increased by 655 billion liras, and foreign currency savings and corporate deposits increased by 283 billion lire. Himsheik said that the share of lira deposits in total deposits remained at 62%, and there was no problem.
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