Turkish Banking Sector Poised for Robust Growth
Banking assets are anticipated to grow at a CAGR of around 10% during 2011-2014, says RNCOS in its latest research report.
- (1888PressRelease) April 08, 2011 - As per our new research report "Turkey Banking Sector Forecast to 2012", Turkey's financial sector was least affected by the global financial crisis compared to other sectors and foreign financial sectors. Due to the robust infrastructure, liquidity structure, capital sufficiency, risk management and internal audit systems, the country's financial system did not shake due to the global financial crisis. Despite the heavy slowdown in the economy, the banking sector continued to post healthy growth in the recent years. As per our estimations, the banking assets are forecasted to grow at a CAGR of around 10% during 2011- 2014.
The main reasons for the growth of this industry are the increased demand for consumer as well as corporate financing and improved economic conditions in the country. Besides, various other strong fundamental drivers discussed and analyzed in the report will enable the banking assets to sustain its upward growth trend in the coming years.
Further, our report has identified emerging trends and potential areas, such as e-banking, growing acceptance of payment cards, islamic banking, automobile loans, mortgage financing, which will decide the future of the banking industry in the country.
Apart from this, our report discusses each of the banking performance indicators in-detail. Under loans and deposits section, the reports talks about each of the verticals like corporate, personal loans, and SME loans. Moreover, it has further segmented personal loans in to various segments like: housing, automobile, credit card, and general purpose loans. Our report also features forecast for each key-banking segment to provide better understanding of the banking sector in the country.
Our report "Turkey Banking Sector Forecast to 2012" is an outcome of extensive research and detail study of banking sector in Turkey. The report discusses each indicator of the banking system performance in detail, supplemented with quantitative data and prudent analysis. It also tells the clients direction, in which, the banking sector is likely to move in coming years. Additionally, the report analyses the pattern of macroeconomic variables and their impact on the banking sector.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM177.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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