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BANKA KREDİLERİNİN BANKACILIK RİSKLERİ VE ETKİNLİĞİ, TÜRKİYE KANALI

BANKING RISKS AND EFFECTIVENESS OF BANK LENDING CHANNEL IN TURKEY

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Abstract (2. Language): 
The paper provides a descriptive analysis of the Turkish banking system, its risk structure, and the possible effects of the liquidity, interest, and currency risks on their loan and securities portfolios. Focusing on the pre-crisis period, the paper investigates whether the Turkish banking system has been deteriorated and become vulnerable to tight monetary policy shocks or capital outflows because of the maturity and currency mismatches. It is concluded that the main assumptions of the bank lending theory, given by Bernanke and Blinder (1988), are likely to be valid for Turkey when banks’ balance sheets become fragile due to risk-inducing monetary policies in the system.
Abstract (Original Language): 
Bu makale Türk Bankacılık sistemi ve sistemin risk yapısı ile bu risklerden likitide, faiz ve kur risklerinin, bankaların kredi ve menkul değerler portföy kararları üzerindeki olası etkilerinin açıklayıcı bir analizini yapmaktadır. Makale, krizler öncesi dönemi inceleyerek, bu bağlamda Türk bankacılık sistemindeki vade ve kur uyumsuzluğu halinde sıkı para politikası sonucunda sermaye kayıplarına zafiyeti olup olmadığını ve sistemin böylece bozulup bozulamayacağını araştırır. Çalışmada, sistemde riske neden olacak para politikaları olması durumunda Türkiye’de, Bernanke ve Blinder (1988) tarafindan ortaya atılan, banka borç verme teorisinin ana varsayımlarının geçerli olabileceği sonucuna varılmıştır.
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